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Andhra Bank Bhopal Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for Andhra Bank Bhopal Bhopal Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	462011005
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	M.P. Housing Board
Contact	0755-2612768
Bank Details	Andhra Bank M.P. Housing Board ANDB0001528

Location	Bhopal, Bhopal
City	Bhopal
District	Bhopal
State	Madhya Pradesh
Pincode	462023
Country	IN
Address	#49 junier migg-sector, ayodhya nagar bhopal

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 462011005 for M.P. Housing Board 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 462011005 of Andhra Bank, M.P. Housing Board branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for M.P. Housing Board branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Andhra Bank are available with micr code -

>>Bhopal >>Kolar Road >>M.P. Housing Board >>Mp Nagar >>Mp State Mining (Ashoka Gerdens) >>Rr Labs (Bhopal) >>Sawan Nagar >>Shahpurabhopal >>Zo Bhopal

MICR code for Andhra Bank M.P. Housing Board

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 M.P. Housing Board 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. 462011005 is the MICR code of Andhra Bank for M.P. Housing Board branch. MICR code for M.P. Housing Board 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 M.P. Housing Board is presented in the table alongside.

Use of Andhra Bank MICR code for M.P. Housing Board branch in bhopal

The MICR code 462011005 is used in RBI cheque clearing process to identify the branch M.P. Housing Board 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.