Andhra Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Andhra Bank Delhi Delhi New Delhi

MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Malviya Nagar
Contact 011-26674425
Bank Details Andhra Bank Malviya Nagar ANDB0001637
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode 110017
Country IN
Address C-20 malviya nagar, new delhi
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 110011044 for Malviya Nagar 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 110011044 of Andhra Bank, Malviya Nagar branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Malviya Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Bank Malviya Nagar

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 Malviya Nagar 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. 110011044 is the MICR code of Andhra Bank for Malviya Nagar branch. MICR code for Malviya Nagar 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 Malviya Nagar is presented in the table alongside.

Use of Andhra Bank MICR code for Malviya Nagar branch in delhi

The MICR code 110011044 is used in RBI cheque clearing process to identify the branch Malviya Nagar 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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