Andhra Bank Deglur Nanded Maharashtra MICR CODE

Find MICR Codes for Andhra Bank Deglur Nanded Maharashtra

MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Markhel
Contact 9545466662
Bank Details Andhra Bank Markhel ANDB0002942
Location Deglur, Nanded
City Deglur
District Nanded
State Maharashtra
Pincode 431717
Country IN
Address Gut no 180 1, markhel, degloor, nanded, maharashtra, 431718
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.

Search Andhra Bank MICR Codes in nanded

You can search through MICR Codes of Maharashtra branches in deglur of District nanded in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Markhel

How to find MICR codes for Andhra Bank in deglur?

Andhra Bank deglur MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Andhra Bank MICR codes list for deglur, one can further search by branch name specified in the table. You can find MICR codes for all Andhra Bank deglur branches.

Andhra Bank MICR code in deglur

Andhra Bank MICR code is a character recognition technology used by banks in the processing of cheques. Andhra Bank MICR code for deglur branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Andhra Bank branches in deglur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Andhra Bank MICR code for deglur branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Andhra Bank deglur branch, sprinted 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. Thus MICR code for Andhra Bank deglur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Andhra Bank MICR codes for deglur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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