Andhra Bank Visakhapatnam Vishakapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Visakhapatnam Vishakapatnam Andhra Pradesh

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MICR Code	530011020
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Waltair
Contact	0891-2717524
Bank Details	Andhra Bank Waltair ANDB0000633

Location	Visakhapatnam, Vishakapatnam
City	Visakhapatnam
District	Vishakapatnam
State	Andhra Pradesh
Pincode	530017
Country	IN
Address	4-38, lawsons bay colony, waltair, andhra pradesh-530017

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 530011020 for Waltair 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 530011020 of Andhra Bank, Waltair branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Waltair branch, makes the characters readable even if there are other marks and stamps on it.

A total of 31 branches of Andhra Bank are available with micr code -

>>A U Campus >>Adarsh Nagar (Visakhapatnam) >>Akkayyapalem >>Armed Reserve Police Head Quarters (Visakhapatnam) >>Aseelmetta >>Au College Of Engineering (Visakhapatnam) >>Bheemunipatnam >>Dabagardens >>Dr. L.B.College(Visakhapatnam) >>Dwarakanagar >>East Point Colony (Visakhapatnam) >>Gajuwaka >>Kgh Branch >>Madhurawada >>Maharanipeta >>Malkapuram >>Muralinagar (Doc Lab Board) >>Mvp Colony >>Pithapuram Colony(Visakhapatnam) >>Port >>R K Mission >>Salur >>Seethammadhara >>Simhachalam >>Special Agriculture Finance Branch (Visakhapatnam) >>Spld Ssi Branch >>St Anns School(Visakhapatnam) >>Steel Plant Township >>Visakhapatnam Main Branch >>Visakhapatnam Special Economic Zone (Vsez) >>Waltair

MICR code for Andhra Bank Waltair

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 Waltair 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. 530011020 is the MICR code of Andhra Bank for Waltair branch. MICR code for Waltair 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 Waltair is presented in the table alongside.

Use of Andhra Bank MICR code for Waltair branch in visakhapatnam

The MICR code 530011020 is used in RBI cheque clearing process to identify the branch Waltair 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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