Andhra Bank Nidamanuru Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Nidamanuru Krishna Andhra Pradesh

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MICR Code	520011015
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nidamanuru
Contact	Psvv Prasad - 0866-2842315
Bank Details	Andhra Bank Nidamanuru ANDB0000877

Location	Nidamanuru, Krishna
City	Nidamanuru
District	Krishna
State	Andhra Pradesh
Pincode	521104
Country	IN
Address	Nidamanuru, krishna dist.ap - 521104

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 520011015 for Nidamanuru 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 520011015 of Andhra Bank, Nidamanuru branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Nidamanuru 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 -

>>Nidamanuru

MICR code for Andhra Bank Nidamanuru

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 Nidamanuru 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. 520011015 is the MICR code of Andhra Bank for Nidamanuru branch. MICR code for Nidamanuru 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 Nidamanuru is presented in the table alongside.

Use of Andhra Bank MICR code for Nidamanuru branch in nidamanuru

The MICR code 520011015 is used in RBI cheque clearing process to identify the branch Nidamanuru 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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