Andhra Bank Nalgonda Nalgonda Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Nalgonda Nalgonda Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	508011003
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mirbagh Colony(Nalgonda)
Contact	08682-225700
Bank Details	Andhra Bank Mirbagh Colony(Nalgonda) ANDB0001383

Location	Nalgonda, Nalgonda
City	Nalgonda
District	Nalgonda
State	Andhra Pradesh
Pincode	508001
Country	IN
Address	Mirbagh colony, hyderabad road, nalgonda - 508001

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 508011003 for Mirbagh Colony(Nalgonda) 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 508011003 of Andhra Bank, Mirbagh Colony(Nalgonda) branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Mirbagh Colony(Nalgonda) 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 -

>>Mirbagh Colony(Nalgonda) >>Nalgonda

MICR code for Andhra Bank Mirbagh Colony(Nalgonda)

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 Mirbagh Colony(Nalgonda) 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. 508011003 is the MICR code of Andhra Bank for Mirbagh Colony(Nalgonda) branch. MICR code for Mirbagh Colony(Nalgonda) 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 Mirbagh Colony(Nalgonda) is presented in the table alongside.

Use of Andhra Bank MICR code for Mirbagh Colony(Nalgonda) branch in nalgonda

The MICR code 508011003 is used in RBI cheque clearing process to identify the branch Mirbagh Colony(Nalgonda) 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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