Andhra Bank Satara Aundh Maharashtra MICR CODE

Find MICR Codes for Andhra Bank Satara Aundh Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	411011014
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Aundh
Contact	7754027007
Bank Details	Andhra Bank Aundh ANDB0002620

Location	Satara, Aundh
City	Satara
District	Aundh
State	Maharashtra
Pincode	411007
Country	IN
Address	Shop no s 1b,s 1c,rohan nilay,sangavi road,aundh,pune,411007

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 411011014 for Aundh 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 411011014 of Andhra Bank, Aundh branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Aundh 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 -

>>Aundh

MICR code for Andhra Bank Aundh

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 Aundh 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. 411011014 is the MICR code of Andhra Bank for Aundh branch. MICR code for Aundh 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 Aundh is presented in the table alongside.

Use of Andhra Bank MICR code for Aundh branch in satara

The MICR code 411011014 is used in RBI cheque clearing process to identify the branch Aundh 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.

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