Andhra Bank Palghar Thane Maharashtra MICR CODE

Find MICR Codes for Andhra Bank Palghar Thane Maharashtra

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MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vasai East
Contact 8097838259
Bank Details Andhra Bank Vasai East ANDB0002705
Location Palghar, Thane
City Palghar
District Thane
State Maharashtra
Pincode 401208
Country IN
Address Shop no 19 20,bldg no 1,type ro agarwal nagri,opp fire brigade,vasai east,maharastra,401208
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 400011058 for Vasai East 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 400011058 of Andhra Bank, Vasai East branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Vasai East 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 -

>>Palghar >>Vasai East

MICR code for Andhra Bank Vasai East

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 Vasai East 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. 400011058 is the MICR code of Andhra Bank for Vasai East branch. MICR code for Vasai East 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 Vasai East is presented in the table alongside.

Use of Andhra Bank MICR code for Vasai East branch in palghar

The MICR code 400011058 is used in RBI cheque clearing process to identify the branch Vasai East 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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