Andhra Bank Taloja Raigad Maharashtra MICR CODE

Find MICR Codes for Andhra Bank Taloja Raigad Maharashtra

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MICR Code	400011063
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Taloja
Contact	8097186737
Bank Details	Andhra Bank Taloja ANDB0002891

Location	Taloja, Raigad
City	Taloja
District	Raigad
State	Maharashtra
Pincode	410208
Country	IN
Address	Shop no 30 to 33,plot no 15 to 18,panchnand height,phase i,taloja,mumbai

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 400011063 for Taloja 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 400011063 of Andhra Bank, Taloja branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Taloja branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Andhra Bank are available with micr code -

>>Kharghar Central Park >>Taloja

MICR code for Andhra Bank Taloja

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 Taloja 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. 400011063 is the MICR code of Andhra Bank for Taloja branch. MICR code for Taloja 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 Taloja is presented in the table alongside.

Use of Andhra Bank MICR code for Taloja branch in taloja

The MICR code 400011063 is used in RBI cheque clearing process to identify the branch Taloja 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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