Andhra Bank Mothugudem Khammam Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Mothugudem Khammam Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	507011702
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mothugudem
Contact	08748-274035
Bank Details	Andhra Bank Mothugudem ANDB0000964

Location	Mothugudem, Khammam
City	Mothugudem
District	Khammam
State	Andhra Pradesh
Pincode	507113
Country	IN
Address	Via ,bhadrachalam mothegudem 507113

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 507011702 for Mothugudem 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 507011702 of Andhra Bank, Mothugudem branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Mothugudem 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 -

>>Mothugudem

MICR code for Andhra Bank Mothugudem

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 Mothugudem 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. 507011702 is the MICR code of Andhra Bank for Mothugudem branch. MICR code for Mothugudem 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 Mothugudem is presented in the table alongside.

Use of Andhra Bank MICR code for Mothugudem branch in mothugudem

The MICR code 507011702 is used in RBI cheque clearing process to identify the branch Mothugudem 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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