MICR Code Bank
Find MICR code for Andhra Bank Katni branches in India for NEFT and RTGS transfer

Andhra Bank Katni MICR CODE

Find MICR Codes for Andhra Bank Katni

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  1. Andhra Bank »
  2. Madhya Pradesh »
  3. katni »
  4. katni(murwara) »
  5. katni (murwara)

Find MICR Codes for Andhra Bank Katni

MICR Code: 483011002
Bank: Andhra Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Katni (Murwara)
Contact: 07622-230023
Bank Details: Andhra Bank Katni (Murwara) ANDB0001701
Location: Katni(Murwara), Katni
City: Katni(Murwara)
District: Katni
State: Madhya Pradesh
Pincode: 483504
Country: IN
Address: Plot no.31, 58, 86 & 87/2jai dayal road, subhash chowkkatni (murwara)madhya pradesh

How does MICR code for katni 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 of Andhra Bank, katni branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for katni 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

>>Katni (Murwara)

MICR code for Andhra Bank katni

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

Use of Andhra Bank MICR code for katni branch in katni(murwara)

The MICR code is used in RBI cheque clearing process to identify the branch katni 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.