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It is very important to find MICR code 505011007 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 505011007 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.
505011007 is the MICR Code for Collectorate Road branch of Andhra Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Andhra Bank account. The address of Collectorate Road branch is Revenue club shopping, karimnagar, which is located in Karim Nagar District of Andhra Pradesh State.
In Andhra Bank MICR Code, the first 4 characters (5050) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (1007) represent the Andhra Bank branch code.
Find more information on MICR Code 505011007 of Andhra Bank Collectorate Road Branch MICR Code Karimnagar for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 505011007 details before initiating any transaction!