MICR Code Bank
Find MICR code for Andhra Bank Rcf branches in India for NEFT and RTGS transfer

Andhra Bank Rcf MICR CODE

Find MICR Codes for Andhra Bank Rcf

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  5. rcf (mumbai)

Find MICR Codes for Andhra Bank Rcf

MICR Code: 400011023
Bank: Andhra Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Rcf (Mumbai)
Contact: 022-24045406
Bank Details: Andhra Bank Rcf (Mumbai) ANDB0001526
Location: Mumbai, Mumbai
City: Mumbai
District: Mumbai
State: Maharashtra
Pincode: 400022
Country: IN
Address: Priyadarshini building, eastern express highway, sion east, mumbai-400022

How does MICR code for rcf 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 of Andhra Bank, rcf branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for rcf branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Bank rcf

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

Use of Andhra Bank MICR code for rcf branch in mumbai

The MICR code is used in RBI cheque clearing process to identify the branch rcf 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.