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Andhra Bank Anantapur Anantpur Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Anantapur Anantpur Andhra Pradesh

MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ananthapur
Contact N L Narasimham - 08554-277318
Bank Details Andhra Bank Ananthapur ANDB0000013
Location Anantapur, Anantpur
City Anantapur
District Anantpur
State Andhra Pradesh
Pincode 515001
Country IN
Address Old town, ananthapur
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 520011502 for Ananthapur 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 520011502 of Andhra Bank, Ananthapur branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Ananthapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Andhra Bank are available with micr code -

>>Amarchinta >>Ananthapur >>Ashok Nagar >>Georgepet (Ananatpur) >>Government Cocoon Market (Dharmavaram) >>New Town >>Ramnagar

MICR code for Andhra Bank Ananthapur

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 Ananthapur 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. 520011502 is the MICR code of Andhra Bank for Ananthapur branch. MICR code for Ananthapur 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 Ananthapur is presented in the table alongside.

Use of Andhra Bank MICR code for Ananthapur branch in anantapur

The MICR code 520011502 is used in RBI cheque clearing process to identify the branch Ananthapur 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.