MICR Code Bank
Find MICR code for Andhra Bank branches in India for NEFT and RTGS transfer

Andhra Bank MICR CODE

Find MICR Codes for Andhra Bank

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  1. Andhra Bank »
  2. Andhra Pradesh »
  3. west godavari »
  4. eluru »
  5. gunadala

Find MICR Codes for Andhra Bank

MICR Code: 520011009
Bank: Andhra Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Gunadala
Contact: Y Krishna Prasad - 0866-245338
Bank Details: Andhra Bank Gunadala ANDB0000158
Location: Eluru, West Godavari
City: Eluru
District: West Godavari
State: Andhra Pradesh
Pincode: 500004
Country: IN
Address: Eluru raod, opp. Cio office, vijayawada - 500004

How does MICR code for 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 of Andhra Bank, branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Bank

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

Use of Andhra Bank MICR code for branch in eluru

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