Andhra Bank Kundurpi Anantapur Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Kundurpi Anantapur Andhra Pradesh

MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Malayanur
Contact 9849033702
Bank Details Andhra Bank Malayanur ANDB0002035
Location Kundurpi, Anantapur
City Kundurpi
District Anantapur
State Andhra Pradesh
Pincode 515766
Country IN
Address H/o hanumamma , malayanur,kundurpi mandal,anantapur dt
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 515011633 for Malayanur 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 515011633 of Andhra Bank, Malayanur branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Malayanur 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 -

>>Malayanur >>Yerragunta

MICR code for Andhra Bank Malayanur

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 Malayanur 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. 515011633 is the MICR code of Andhra Bank for Malayanur branch. MICR code for Malayanur 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 Malayanur is presented in the table alongside.

Use of Andhra Bank MICR code for Malayanur branch in kundurpi

The MICR code 515011633 is used in RBI cheque clearing process to identify the branch Malayanur 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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