Andhra Bank Similiguda Koraput Orissa MICR CODE

Find MICR Codes for Andhra Bank Similiguda Koraput Orissa

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MICR Code	764011501
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Semiliguda
Contact	06853-226116
Bank Details	Andhra Bank Semiliguda ANDB0001408

Location	Similiguda, Koraput
City	Similiguda
District	Koraput
State	Orissa
Pincode	501218
Country	IN
Address	Main road, semiliguda, koraput dist. Orissa - 501218

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 764011501 for Semiliguda 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 764011501 of Andhra Bank, Semiliguda branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Semiliguda 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 -

>>Semiliguda

MICR code for Andhra Bank Semiliguda

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 Semiliguda 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. 764011501 is the MICR code of Andhra Bank for Semiliguda branch. MICR code for Semiliguda 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 Semiliguda is presented in the table alongside.

Use of Andhra Bank MICR code for Semiliguda branch in similiguda

The MICR code 764011501 is used in RBI cheque clearing process to identify the branch Semiliguda 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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