Andhra Bank Karatgi Koppal Karnataka MICR CODE

Find MICR Codes for Andhra Bank Karatgi Koppal Karnataka

MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karatagi
Contact Na
Bank Details Andhra Bank Karatagi ANDB0002196
Location Karatgi, Koppal
City Karatgi
District Koppal
State Karnataka
Pincode 583229
Country IN
Address Plot no 9 to 11,6th ward, r g main road, karatagi gangavathi taluk, koppal dt, karnataka-583229
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 Karatagi 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, Karatagi branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Karatagi 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 -

>>Karatagi

MICR code for Andhra Bank Karatagi

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

Use of Andhra Bank MICR code for Karatagi branch in karatgi

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