Andhra Bank Raurkela Sundargarh Orissa MICR CODE

Find MICR Codes for Andhra Bank Raurkela Sundargarh Orissa

MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jagda
Contact 8763170070
Bank Details Andhra Bank Jagda ANDB0003036
Location Raurkela, Sundargarh
City Raurkela
District Sundargarh
State Orissa
Pincode 769042
Country IN
Address Ho ms babuli lakra, infront of damits college sarna chowk, raurkela,769042
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 769011004 for Jagda 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 769011004 of Andhra Bank, Jagda branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Jagda 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 -

>>Bondamunda >>Jagda

MICR code for Andhra Bank Jagda

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 Jagda 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. 769011004 is the MICR code of Andhra Bank for Jagda branch. MICR code for Jagda 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 Jagda is presented in the table alongside.

Use of Andhra Bank MICR code for Jagda branch in raurkela

The MICR code 769011004 is used in RBI cheque clearing process to identify the branch Jagda 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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