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Find MICR code for Andhra Bank Gvr And S Degree College branches in India for NEFT and RTGS transfer

Andhra Bank Gvr And S Degree College MICR CODE

Find MICR Codes for Andhra Bank Gvr And S Degree College

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  1. Andhra Bank »
  2. Andhra Pradesh »
  3. guntur »
  4. guntur »
  5. gvr and s degree college (guntur)

Find MICR Codes for Andhra Bank Gvr And S Degree College

MICR Code: 520011119
Bank: Andhra Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Gvr And S Degree College (Guntur)
Contact: 0863 2243574
Bank Details: Andhra Bank Gvr And S Degree College (Guntur) ANDB0001251
Location: Guntur, Guntur
City: Guntur
District: Guntur
State: Andhra Pradesh
Pincode: 522007
Country: IN
Address: 4-4-107, 3rd line, chandramouli nagar, ring rd, ramannapet - 522007

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

MICR code for Andhra Bank gvr and s degree college

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 gvr and s degree college 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 gvr and s degree college branch. MICR code for gvr and s degree college 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 gvr and s degree college is presented in the table alongside.

Use of Andhra Bank MICR code for gvr and s degree college branch in guntur

The MICR code is used in RBI cheque clearing process to identify the branch gvr and s degree college 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.