Andhra Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Andhra Bank Delhi New Delhi New Delhi

MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karolbagh
Contact Mm Tyagi- 011-25726451
Bank Details Andhra Bank Karolbagh ANDB0000307
Location Delhi, New Delhi
City Delhi
District New Delhi
State New Delhi
Pincode 110006
Country IN
Address 15a/13,wea,azmalkhan road,karolbagh,new delhi
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 110011008 for Karolbagh 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 110011008 of Andhra Bank, Karolbagh branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Karolbagh branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Bank Karolbagh

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 Karolbagh 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. 110011008 is the MICR code of Andhra Bank for Karolbagh branch. MICR code for Karolbagh 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 Karolbagh is presented in the table alongside.

Use of Andhra Bank MICR code for Karolbagh branch in delhi

The MICR code 110011008 is used in RBI cheque clearing process to identify the branch Karolbagh 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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