Andhra Bank Hyderabad Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Hyderabad Hyderabad Urban Andhra Pradesh

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MICR Code	500011059
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Specialised Corporate Finance
Contact	G.V. Lalita Prasad 040-2337806
Bank Details	Andhra Bank Specialised Corporate Finance ANDB0001006

Location	Hyderabad, Hyderabad Urban
City	Hyderabad
District	Hyderabad Urban
State	Andhra Pradesh
Pincode	500082
Country	IN
Address	6-3-648. 3rd floor, padmaja land mark somajiguda, hyderabad - 500 082

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.

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Specialised Corporate Finance (500011059)

How does MICR code 500011059 for Specialised Corporate Finance 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 500011059 of Andhra Bank, Specialised Corporate Finance branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Specialised Corporate Finance branch, makes the characters readable even if there are other marks and stamps on it.

A total of 96 branches of Andhra Bank are available with micr code -

>>Abid Road >>Amberpet >>Ameerpet >>Anandbagh >>Ap Secretariat >>Apollo Hospital >>Ashoknagar >>B N Reddy Nagar >>B.D.L. Campus >>Bagh Amberpet(Hyderabad) >>Bahadurpura >>Bakaram >>Balanagar >>Banjara Hills Hyderabad >>Cash Management System Cell >>Chandanagar >>Chandrapuri Colony >>Charminar >>Chikkadapally >>Dilshukhnagar >>Dundigal >>Filmnagar >>Gachibowli >>Gagan Mahal Road >>Gajularamaram >>Hi Tech City >>Hmt Industrial Estate >>Hyderabad Road >>Hyderbasthi >>Hyderguda >>Jayanagar (Hyd) >>Jntu Campus >>Jubileehills >>Kachiguda >>Kalyannagar (Hyd) >>Karwan >>Kavadiguda >>Kendriya Sadan >>Khairatabad >>Kothapet (Hyd) >>Krishnanagar (Hyd) >>Kukatpally >>Labour Commissioner Office (Hyd) >>Langer House >>Malakpet >>Malkajgiri >>Maredpally >>Marthoma Centre >>Masab Tank >>Meerpet >>Mehdipatnam >>Moula Ali >>Mukramjahi Road >>Nacharam >>Nadergul >>Nagarjuna Nagar Colony (Hyd) >>Nagole >>Nampally (Hyd) >>Narayanaguda >>Nims >>Nizamshahi Road >>Pattabhibhavan >>Prakasamnagar >>Prashashan Nagar >>Rajbhavan Road >>Rajeev Nagar (Hyd) >>Rajendranagar >>Ramachandrapuram >>Ramanthapur >>Ramnagar >>S R Nagar >>Saidabad >>Saifabad >>Sanathnagar >>Sangareddy >>Santoshnagar >>Saroornagar >>Shamsheergunj >>Somajiguda >>Special Agriculture Finance (Hyd) >>Specialised Corporate Finance >>Sri Ramakrishna Puram (Hyd) >>Sringar Colony(Hyderabad) >>Srinivasapuram >>Ssi Mallapur >>Ssi Nacharam >>Ssi Uppal >>Sultan Bazaar >>Sundernagar >>Tirumalaghery >>Tolichowk (Hyd) >>Vanasthalipuram >>Vidyanagar >>Vijayanagar Colony >>Vikasnagar >>West Maredpally

MICR code for Andhra Bank Specialised Corporate Finance

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 Specialised Corporate Finance 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. 500011059 is the MICR code of Andhra Bank for Specialised Corporate Finance branch. MICR code for Specialised Corporate Finance 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 Specialised Corporate Finance is presented in the table alongside.

Use of Andhra Bank MICR code for Specialised Corporate Finance branch in hyderabad

The MICR code 500011059 is used in RBI cheque clearing process to identify the branch Specialised Corporate Finance 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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