Andhra Bank Kamareddy Nizamabad Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Kamareddy Nizamabad Andhra Pradesh

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MICR Code	503011103
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	New Town Kamareddy
Contact	08468 220329
Bank Details	Andhra Bank New Town Kamareddy ANDB0001989

Location	Kamareddy, Nizamabad
City	Kamareddy
District	Nizamabad
State	Andhra Pradesh
Pincode
Country	IN
Address	Shop no. 8,9,10,thirumala apartments,ngo's colony, kamareddy, a.p

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 503011103 for New Town Kamareddy 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 503011103 of Andhra Bank, New Town Kamareddy branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for New Town Kamareddy branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Andhra Bank are available with micr code -

>>Kamareddy >>New Town Kamareddy

MICR code for Andhra Bank New Town Kamareddy

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 New Town Kamareddy 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. 503011103 is the MICR code of Andhra Bank for New Town Kamareddy branch. MICR code for New Town Kamareddy 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 New Town Kamareddy is presented in the table alongside.

Use of Andhra Bank MICR code for New Town Kamareddy branch in kamareddy

The MICR code 503011103 is used in RBI cheque clearing process to identify the branch New Town Kamareddy 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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