Andhra Bank Chandigarh Chandigarh Chandigarh MICR CODE

Find MICR Codes for Andhra Bank Chandigarh Chandigarh Chandigarh

MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Haldwani
Contact 05946-281218
Bank Details Andhra Bank Haldwani ANDB0001688
Location Chandigarh, Chandigarh
City Chandigarh
District Chandigarh
State Chandigarh
Pincode 263141
Country IN
Address 394/a, narayana building, bhotia parow, thandi sadak, haldwani-263141.
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 263011002 for Haldwani 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 263011002 of Andhra Bank, Haldwani branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Haldwani branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Bank Haldwani

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 Haldwani 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. 263011002 is the MICR code of Andhra Bank for Haldwani branch. MICR code for Haldwani 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 Haldwani is presented in the table alongside.

Use of Andhra Bank MICR code for Haldwani branch in chandigarh

The MICR code 263011002 is used in RBI cheque clearing process to identify the branch Haldwani 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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