Andhra Bank Raurkela Sundargarh Orissa MICR CODE

Find MICR Codes for Andhra Bank Raurkela Sundargarh Orissa

Bank
State
District
City
Branch
Address

MICR Code	769011005
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bondamunda
Contact	8763170070
Bank Details	Andhra Bank Bondamunda ANDB0003037

Location	Raurkela, Sundargarh
City	Raurkela
District	Sundargarh
State	Orissa
Pincode	770032
Country	IN
Address	Ho ms bindira kumari, near sbi, po bondamunda, rourkela,770032

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 769011005 for Bondamunda 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 769011005 of Andhra Bank, Bondamunda branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Bondamunda 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 -

>>Bondamunda >>Jagda

MICR code for Andhra Bank Bondamunda

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 Bondamunda 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. 769011005 is the MICR code of Andhra Bank for Bondamunda branch. MICR code for Bondamunda 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 Bondamunda is presented in the table alongside.

Use of Andhra Bank MICR code for Bondamunda branch in raurkela

The MICR code 769011005 is used in RBI cheque clearing process to identify the branch Bondamunda 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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