Andhra Bank Farooqnagar Mehboobnagar Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Farooqnagar Mehboobnagar Andhra Pradesh

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MICR Code	509011202
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Shadnagar
Contact	Radharani - 08548-2573728
Bank Details	Andhra Bank Shadnagar ANDB0001097

Location	Farooqnagar, Mehboobnagar
City	Farooqnagar
District	Mehboobnagar
State	Andhra Pradesh
Pincode	509216
Country	IN
Address	19-68/1,1st floor,buggareddy complex,shadnagar - 509216

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 509011202 for Shadnagar 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 509011202 of Andhra Bank, Shadnagar branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Shadnagar 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 -

>>Shadnagar

MICR code for Andhra Bank Shadnagar

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 Shadnagar 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. 509011202 is the MICR code of Andhra Bank for Shadnagar branch. MICR code for Shadnagar 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 Shadnagar is presented in the table alongside.

Use of Andhra Bank MICR code for Shadnagar branch in farooqnagar

The MICR code 509011202 is used in RBI cheque clearing process to identify the branch Shadnagar 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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