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It is very important to find MICR code 501011503 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the MICR Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify 501011503 MICR code branch is the cheque book. Most banks now print MICR Codes on the cheque books. Also, your account pass book should have the MICR Code printed.
501011503 is the MICR Code for Shankarpally branch of Andhra Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Andhra Bank account. The address of Shankarpally branch is Gram panchyat office, comp. Opp police st., which is located in Rangareddy District of Andhra Pradesh State.
In Andhra Bank MICR Code, the first 4 characters (5010) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (1503) represent the Andhra Bank branch code.
Find more information on MICR Code 501011503 of Andhra Bank Shankarpally Branch MICR Code Shankarapalli for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 501011503 details before initiating any transaction!