Andhra Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Andhra Bank Pune Pune Maharashtra

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MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vishrantwadi
Contact 020-65102246
Bank Details Andhra Bank Vishrantwadi ANDB0001320
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411015
Country IN
Address Jai ganesh viswa, vishrantwadi, pune - 411015
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 411011005 for Vishrantwadi 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 411011005 of Andhra Bank, Vishrantwadi branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Vishrantwadi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Bank Vishrantwadi

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 Vishrantwadi 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. 411011005 is the MICR code of Andhra Bank for Vishrantwadi branch. MICR code for Vishrantwadi 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 Vishrantwadi is presented in the table alongside.

Use of Andhra Bank MICR code for Vishrantwadi branch in pune

The MICR code 411011005 is used in RBI cheque clearing process to identify the branch Vishrantwadi 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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