Andhra Bank Kakinada East Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Kakinada East Godavari Andhra Pradesh

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MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Santhilnagar
Contact 0884-2342336
Bank Details Andhra Bank Santhilnagar ANDB0001577
Location Kakinada, East Godavari
City Kakinada
District East Godavari
State Andhra Pradesh
Pincode 533003
Country IN
Address D no 3-16c-60,near bhashyam school,kkd,533003
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 533011015 for Santhilnagar 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 533011015 of Andhra Bank, Santhilnagar branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Santhilnagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Bank Santhilnagar

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 Santhilnagar 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. 533011015 is the MICR code of Andhra Bank for Santhilnagar branch. MICR code for Santhilnagar 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 Santhilnagar is presented in the table alongside.

Use of Andhra Bank MICR code for Santhilnagar branch in kakinada

The MICR code 533011015 is used in RBI cheque clearing process to identify the branch Santhilnagar 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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