Andhra Bank Anakapalle Vishakapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Anakapalle Vishakapatnam Andhra Pradesh

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MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Woodpeta (Ankapally)
Contact 08924 232274
Bank Details Andhra Bank Woodpeta (Ankapally) ANDB0000631
Location Anakapalle, Vishakapatnam
City Anakapalle
District Vishakapatnam
State Andhra Pradesh
Pincode 531001
Country IN
Address Madugula road, woodpeta, anakapalli, vsp dist. 531 001
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 530011104 for Woodpeta (Ankapally) 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 530011104 of Andhra Bank, Woodpeta (Ankapally) branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Woodpeta (Ankapally) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Andhra Bank are available with micr code -

>>Anakapalli >>Gavarapalem >>Woodpeta (Ankapally)

MICR code for Andhra Bank Woodpeta (Ankapally)

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 Woodpeta (Ankapally) 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. 530011104 is the MICR code of Andhra Bank for Woodpeta (Ankapally) branch. MICR code for Woodpeta (Ankapally) 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 Woodpeta (Ankapally) is presented in the table alongside.

Use of Andhra Bank MICR code for Woodpeta (Ankapally) branch in anakapalle

The MICR code 530011104 is used in RBI cheque clearing process to identify the branch Woodpeta (Ankapally) 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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