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Andhra Bank Aswaraopet Khammam Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Aswaraopet Khammam Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	520011402
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Aswaraopet
Contact	B. Seshu Kumar, Manager,0870-2
Bank Details	Andhra Bank Aswaraopet ANDB0000016

Location	Aswaraopet, Khammam
City	Aswaraopet
District	Khammam
State	Andhra Pradesh
Pincode	507301
Country	IN
Address	Main road, aswaraopet,khammam dist. 507 301

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 520011402 for Aswaraopet 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 520011402 of Andhra Bank, Aswaraopet branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Aswaraopet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Andhra Bank are available with micr code -

>>Aswaraopet >>Vinayakpuram

MICR code for Andhra Bank Aswaraopet

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 Aswaraopet 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. 520011402 is the MICR code of Andhra Bank for Aswaraopet branch. MICR code for Aswaraopet 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 Aswaraopet is presented in the table alongside.

Use of Andhra Bank MICR code for Aswaraopet branch in aswaraopet

The MICR code 520011402 is used in RBI cheque clearing process to identify the branch Aswaraopet 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.