Andhra Bank Maripeda Warangal Telangana MICR CODE

Find MICR Codes for Andhra Bank Maripeda Warangal Telangana

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MICR Code	506011625
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Maripeda Branch
Contact	8702577812
Bank Details	Andhra Bank Maripeda Branch ANDB0003103

Location	Maripeda, Warangal
City	Maripeda
District	Warangal
State	Telangana
Pincode	506315
Country	IN
Address	5-6-49/2, near laxmi theatre main raod maripeda,506315

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 506011625 for Maripeda Branch 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 506011625 of Andhra Bank, Maripeda Branch branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Maripeda Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Andhra Bank are available with micr code -

>>Maripeda Branch

MICR code for Andhra Bank Maripeda Branch

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 Maripeda Branch 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. 506011625 is the MICR code of Andhra Bank for Maripeda Branch branch. MICR code for Maripeda Branch 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 Maripeda Branch is presented in the table alongside.

Use of Andhra Bank MICR code for Maripeda Branch branch in maripeda

The MICR code 506011625 is used in RBI cheque clearing process to identify the branch Maripeda Branch 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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