Andhra Bank Vijayawada Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Vijayawada Krishna Andhra Pradesh

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MICR Code	520011014
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Machavaram
Contact	0866-2430530
Bank Details	Andhra Bank Machavaram ANDB0000371

Location	Vijayawada, Krishna
City	Vijayawada
District	Krishna
State	Andhra Pradesh
Pincode	520004
Country	IN
Address	Machavaram, vijayawada, krishna district, andhra pradesh-520004

Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 520011014 for Machavaram branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 520011014 of Andhra Bank, Machavaram branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Machavaram branch, makes the characters readable even if there are other marks and stamps on it.

A total of 38 branches of Andhra Bank are available with micr code -

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MICR code for Andhra Bank Machavaram

Andhra Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Andhra Bank MICR code for Machavaram is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 520011014 is the MICR code of Andhra Bank for Machavaram branch. MICR code for Machavaram branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Andhra Bank Machavaram is presented in the table alongside.

Use of Andhra Bank MICR code for Machavaram branch in vijayawada

The MICR code 520011014 is used in RBI cheque clearing process to identify the branch Machavaram and Andhra Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Andhra Bank is typically in either of these two font’s: E-138 and CMC-7.

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