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Andhra Bank Khammam Khammam Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Khammam Khammam Andhra Pradesh

MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mamatha Medical College Ec
Contact 08742-255903
Bank Details Andhra Bank Mamatha Medical College Ec ANDB0001550
Location Khammam, Khammam
City Khammam
District Khammam
State Andhra Pradesh
Pincode 507001
Country IN
Address Mmec mamta medical educational society khammam
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 507011007 for Mamatha Medical College Ec 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 507011007 of Andhra Bank, Mamatha Medical College Ec branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Mamatha Medical College Ec branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Bank Mamatha Medical College Ec

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 Mamatha Medical College Ec 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. 507011007 is the MICR code of Andhra Bank for Mamatha Medical College Ec branch. MICR code for Mamatha Medical College Ec 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 Mamatha Medical College Ec is presented in the table alongside.

Use of Andhra Bank MICR code for Mamatha Medical College Ec branch in khammam

The MICR code 507011007 is used in RBI cheque clearing process to identify the branch Mamatha Medical College Ec 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.