Andhra Bank Markondputti Vizianagaram Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Markondputti Vizianagaram Andhra Pradesh

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MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Markondaputti
Contact 08964 254132
Bank Details Andhra Bank Markondaputti ANDB0000989
Location Markondputti, Vizianagaram
City Markondputti
District Vizianagaram
State Andhra Pradesh
Pincode 535001
Country IN
Address Makkuva mandal,vizianagaram district
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 535011565 for Markondaputti 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 535011565 of Andhra Bank, Markondaputti branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Markondaputti 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 -

>>Markondaputti

MICR code for Andhra Bank Markondaputti

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 Markondaputti 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. 535011565 is the MICR code of Andhra Bank for Markondaputti branch. MICR code for Markondaputti 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 Markondaputti is presented in the table alongside.

Use of Andhra Bank MICR code for Markondaputti branch in markondputti

The MICR code 535011565 is used in RBI cheque clearing process to identify the branch Markondaputti 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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