Andhra Bank Vishakhapatnam Visakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Vishakhapatnam Visakhapatnam Andhra Pradesh

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MICR Code	530011053
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sagar Nagar
Contact	9440402108
Bank Details	Andhra Bank Sagar Nagar ANDB0002637

Location	Vishakhapatnam, Visakhapatnam
City	Vishakhapatnam
District	Visakhapatnam
State	Andhra Pradesh
Pincode	500045
Country	IN
Address	D no 5 73,mig a 73,sagar nagar,visakhapatnam,500045

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 530011053 for Sagar Nagar 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 530011053 of Andhra Bank, Sagar Nagar branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Sagar Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Andhra Bank are available with micr code -

>>Chinawaltair >>Nggos Colony >>Sagar Nagar

MICR code for Andhra Bank Sagar Nagar

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 Sagar Nagar 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. 530011053 is the MICR code of Andhra Bank for Sagar Nagar branch. MICR code for Sagar Nagar 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 Sagar Nagar is presented in the table alongside.

Use of Andhra Bank MICR code for Sagar Nagar branch in vishakhapatnam

The MICR code 530011053 is used in RBI cheque clearing process to identify the branch Sagar Nagar 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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