MICR Code Bank
Find MICR code for Andhra Pradesh Co-Op Bank branches in India for NEFT and RTGS transfer

Andhra Pradesh Co-Op Bank MICR CODE

Find MICR Codes for Andhra Pradesh Co-Op Bank

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  1. The Andhra Pradesh State Co-op Bank Ltd. »
  2. Andhra Pradesh »
  3. hyderabad »
  4. hyderabad »
  5. boudhanagar

Find MICR Codes for Andhra Pradesh Co-Op Bank

MICR Code: -NA-
Bank: The Andhra Pradesh State Co-op Bank Ltd.
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Boudhanagar
Contact:
Bank Details: The Andhra Pradesh State Co-op Bank Ltd. Boudhanagar APBL0000108
Location: Hyderabad, Hyderabad
City: Hyderabad
District: Hyderabad
State: Andhra Pradesh
Pincode: 500098
Country: IN
Address: 12-11-261/b, warasiguda. Seethaphalmandi, hyderabaderabad 69

How does MICR code for 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 of Andhra Pradesh State Co-Op Bank, branch makes the system almost error free and faster. Use of Andhra Pradesh State Co-Op Bank MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Pradesh Co-Op Bank

Andhra Pradesh Co-Op Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Andhra Pradesh State Co-Op Bank MICR code for 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. is the MICR code of Andhra Pradesh State Bank for branch. MICR code for 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 Pradesh State Co-Op Bank is presented in the table alongside.

Use of Andhra Pradesh State Co-Op Bank MICR code for branch in hyderabad

The MICR code is used in RBI cheque clearing process to identify the branch and Andhra Pradesh State Co-Op 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 Pradesh State Bank is typically in either of these two font’s: E-138 and CMC-7.