Andhra Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Andhra Bank Chennai Chennai Tamil Nadu

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MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Medavakkam
Contact R Shivamani - 044-22772181
Bank Details Andhra Bank Medavakkam ANDB0001198
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 601302
Country IN
Address 2/251 b perambakkam, main raod, medavakkam , chennai - 601 302
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 600011024 for Medavakkam 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 600011024 of Andhra Bank, Medavakkam branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Medavakkam branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Bank Medavakkam

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 Medavakkam 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. 600011024 is the MICR code of Andhra Bank for Medavakkam branch. MICR code for Medavakkam 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 Medavakkam is presented in the table alongside.

Use of Andhra Bank MICR code for Medavakkam branch in chennai

The MICR code 600011024 is used in RBI cheque clearing process to identify the branch Medavakkam 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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