Andhra Bank Mahbubnagar Jadcherla Telangana MICR CODE

Find MICR Codes for Andhra Bank Mahbubnagar Jadcherla Telangana

Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Macharam
Contact 233320
Bank Details Andhra Bank Macharam ANDB0002606
Location Mahbubnagar, Jadcherla
City Mahbubnagar
District Jadcherla
State Telangana
Pincode 509301
Country IN
Address D no 5 247,sri nagalinga,shivayagi shuddha yagalayam,near new rtc bustand,jadcherla,509301
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 509011684 for Macharam 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 509011684 of Andhra Bank, Macharam branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Macharam 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 -


MICR code for Andhra Bank Macharam

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 Macharam 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. 509011684 is the MICR code of Andhra Bank for Macharam branch. MICR code for Macharam 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 Macharam is presented in the table alongside.

Use of Andhra Bank MICR code for Macharam branch in mahbubnagar

The MICR code 509011684 is used in RBI cheque clearing process to identify the branch Macharam 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.