Andhra Bank Visakhapatnam Vishakapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Visakhapatnam Vishakapatnam Andhra Pradesh

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MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Muralinagar (Doc Lab Board)
Contact 0891 2562419
Bank Details Andhra Bank Muralinagar (Doc Lab Board) ANDB0001074
Location Visakhapatnam, Vishakapatnam
City Visakhapatnam
District Vishakapatnam
State Andhra Pradesh
Pincode 530007
Country IN
Address Sukhasanthi apts., near roja deptl. Store, muralinagar, visakhpatnam 530 007
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 0 for Muralinagar (Doc Lab Board) 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 0 of Andhra Bank, Muralinagar (Doc Lab Board) branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Muralinagar (Doc Lab Board) branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Bank Muralinagar (Doc Lab Board)

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 Muralinagar (Doc Lab Board) 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. 0 is the MICR code of Andhra Bank for Muralinagar (Doc Lab Board) branch. MICR code for Muralinagar (Doc Lab Board) 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 Muralinagar (Doc Lab Board) is presented in the table alongside.

Use of Andhra Bank MICR code for Muralinagar (Doc Lab Board) branch in visakhapatnam

The MICR code 0 is used in RBI cheque clearing process to identify the branch Muralinagar (Doc Lab Board) 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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