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It is very important to find MICR code 505011009 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 505011009 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.
505011009 is the MICR Code for Bhagat Nagar branch of Andhra Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Andhra Bank account. The address of Bhagat Nagar branch is Plot no 340 opp ambedk, stadiumb bhagat nagar, which is located in Hyderabad 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 (1009) represent the Andhra Bank branch code.
Find more information on MICR Code 505011009 of Andhra Bank Bhagat Nagar Branch MICR Code Hyderabad for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 505011009 details before initiating any transaction!