Andhra Bank Bhubaneswar Khurda Orissa MICR CODE

Find MICR Codes for Andhra Bank Bhubaneswar Khurda Orissa

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MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Saheednagar
Contact A B Das - 2542446
Bank Details Andhra Bank Saheednagar ANDB0001058
Location Bhubaneswar, Khurda
City Bhubaneswar
District Khurda
State Orissa
Pincode 751022
Country IN
Address Ipcol house, janpath, bhubaneshwar - 751 022
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 751011007 for Saheednagar 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 751011007 of Andhra Bank, Saheednagar branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Saheednagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Bank Saheednagar

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 Saheednagar 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. 751011007 is the MICR code of Andhra Bank for Saheednagar branch. MICR code for Saheednagar 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 Saheednagar is presented in the table alongside.

Use of Andhra Bank MICR code for Saheednagar branch in bhubaneswar

The MICR code 751011007 is used in RBI cheque clearing process to identify the branch Saheednagar 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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