Andhra Bank Kolakalur Guntur Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Kolakalur Guntur Andhra Pradesh

MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kolakalur
Contact 08644 - 281250
Bank Details Andhra Bank Kolakalur ANDB0000338
Location Kolakalur, Guntur
City Kolakalur
District Guntur
State Andhra Pradesh
Pincode 522307
Country IN
Address Main road, kolakaluru - 522307; tenali mandal, guntur dt., ap
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 522011664 for Kolakalur 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 522011664 of Andhra Bank, Kolakalur branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Kolakalur 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 -

>>Kolakalur

MICR code for Andhra Bank Kolakalur

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 Kolakalur 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. 522011664 is the MICR code of Andhra Bank for Kolakalur branch. MICR code for Kolakalur 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 Kolakalur is presented in the table alongside.

Use of Andhra Bank MICR code for Kolakalur branch in kolakalur

The MICR code 522011664 is used in RBI cheque clearing process to identify the branch Kolakalur 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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