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Andhra Bank Bhopal Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for Andhra Bank Bhopal Bhopal Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	462011003
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mp Nagar
Contact	Sg Kawade - 0755-2550783
Bank Details	Andhra Bank Mp Nagar ANDB0001012

Location	Bhopal, Bhopal
City	Bhopal
District	Bhopal
State	Madhya Pradesh
Pincode	462011
Country	IN
Address	131/13, zone ii , mp nagar, bhopal

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 462011003 for Mp 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 462011003 of Andhra Bank, Mp Nagar branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Mp Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Andhra Bank are available with micr code -

>>Bhopal >>Kolar Road >>M.P. Housing Board >>Mp Nagar >>Mp State Mining (Ashoka Gerdens) >>Rr Labs (Bhopal) >>Sawan Nagar >>Shahpurabhopal >>Zo Bhopal

MICR code for Andhra Bank Mp 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 Mp 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. 462011003 is the MICR code of Andhra Bank for Mp Nagar branch. MICR code for Mp 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 Mp Nagar is presented in the table alongside.

Use of Andhra Bank MICR code for Mp Nagar branch in bhopal

The MICR code 462011003 is used in RBI cheque clearing process to identify the branch Mp 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.