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It is very important to find MICR code 502011623 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 502011623 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.
502011623 is the MICR Code for Madoor branch of Andhra Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Andhra Bank account. The address of Madoor branch is Madoor village, shankarampet(m) medak, which is located in Medak District of Andhra Pradesh State.
In Andhra Bank MICR Code, the first 4 characters (5020) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (1623) represent the Andhra Bank branch code.
Find more information on MICR Code 502011623 of Andhra Bank Madoor Branch MICR Code Madoor for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 502011623 details before initiating any transaction!