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Andhra Bank Bodhan Nizamabad Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Bodhan Nizamabad Andhra Pradesh

MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Goshala Road
Contact 08467-225591
Bank Details Andhra Bank Goshala Road ANDB0001479
Location Bodhan, Nizamabad
City Bodhan
District Nizamabad
State Andhra Pradesh
Pincode 503185
Country IN
Address H. No.1-7-899, goshala road, bodhan, nizamabad, andhra pradesh-503185
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 Goshala Road 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, Goshala Road branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Goshala Road 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 -

>>Bodhan >>Goshala Road

MICR code for Andhra Bank Goshala Road

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 Goshala Road 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 Goshala Road branch. MICR code for Goshala Road 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 Goshala Road is presented in the table alongside.

Use of Andhra Bank MICR code for Goshala Road branch in bodhan

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