Andhra Bank Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for Andhra Bank Ludhiana Ludhiana Punjab

MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dugri Road Branch
Contact 1614033301
Bank Details Andhra Bank Dugri Road Branch ANDB0003107
Location Ludhiana, Ludhiana
City Ludhiana
District Ludhiana
State Punjab
Pincode 141002
Country IN
Address Ss complex ,opp king spade palace,main complex roaad,durgi road ludhiana,141002
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 0 for Dugri Road Branch 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 0 of Andhra Bank, Dugri Road Branch branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Dugri Road Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Bank Dugri Road Branch

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 Dugri Road Branch 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. 0 is the MICR code of Andhra Bank for Dugri Road Branch branch. MICR code for Dugri Road Branch 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 Dugri Road Branch is presented in the table alongside.

Use of Andhra Bank MICR code for Dugri Road Branch branch in ludhiana

The MICR code 0 is used in RBI cheque clearing process to identify the branch Dugri Road Branch 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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