Andhra Bank Nawanshahar Nawanshahr Punjab MICR CODE

Find MICR Codes for Andhra Bank Nawanshahar Nawanshahr Punjab

Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kothran
Contact 01823 283550
Bank Details Andhra Bank Kothran ANDB0001960
Location Nawanshahar, Nawanshahr
City Nawanshahar
District Nawanshahr
State Punjab
Pincode 144632
Country IN
Address Village kothran, nawanshahr,punjab
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 144011202 for Kothran 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 144011202 of Andhra Bank, Kothran branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Kothran 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 -

>>Kothran >>Nawan Shahr

MICR code for Andhra Bank Kothran

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 Kothran 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. 144011202 is the MICR code of Andhra Bank for Kothran branch. MICR code for Kothran 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 Kothran is presented in the table alongside.

Use of Andhra Bank MICR code for Kothran branch in nawanshahar

The MICR code 144011202 is used in RBI cheque clearing process to identify the branch Kothran 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.