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Andhra Bank Akividu West Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Akividu West Godavari Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	534011408
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Akiveedu
Contact	Mkm Mohinuddin 08816-252243
Bank Details	Andhra Bank Akiveedu ANDB0000005

Location	Akividu, West Godavari
City	Akividu
District	West Godavari
State	Andhra Pradesh
Pincode	534235
Country	IN
Address	Main raod, akiveedu, wg dt.ap - 5342345

Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 534011408 for Akiveedu 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 534011408 of Andhra Bank, Akiveedu branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Akiveedu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Andhra Bank are available with micr code -

>>Akiveedu

MICR code for Andhra Bank Akiveedu

Andhra Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Andhra Bank MICR code for Akiveedu 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. 534011408 is the MICR code of Andhra Bank for Akiveedu branch. MICR code for Akiveedu 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 Bank Akiveedu is presented in the table alongside.

Use of Andhra Bank MICR code for Akiveedu branch in akividu

The MICR code 534011408 is used in RBI cheque clearing process to identify the branch Akiveedu and Andhra 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 Bank is typically in either of these two font’s: E-138 and CMC-7.