Andhra Bank Inavolu Guntur Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Inavolu Guntur Andhra Pradesh

MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Inavolu
Contact 9121107059
Bank Details Andhra Bank Inavolu ANDB0CG7722
Location Inavolu, Guntur
City Inavolu
District Guntur
State Andhra Pradesh
Pincode 522237
Country IN
Address Cggb, inavolu branch, beside bus stop, main road, inavolu, nuzendla mandal, guntur
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 Inavolu 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, Inavolu branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Inavolu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Andhra Bank are available with micr code -

>>Inavolu

MICR code for Andhra Bank Inavolu

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 Inavolu 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 Inavolu branch. MICR code for Inavolu 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 Inavolu is presented in the table alongside.

Use of Andhra Bank MICR code for Inavolu branch in inavolu

The MICR code 0 is used in RBI cheque clearing process to identify the branch Inavolu 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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