Andhra Bank Mundamarai Mundamari Orissa MICR CODE

Find MICR Codes for Andhra Bank Mundamarai Mundamari Orissa

MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mundamarai
Contact
Bank Details Andhra Bank Mundamarai ANDB0000852
Location Mundamarai, Mundamari
City Mundamarai
District Mundamari
State Orissa
Pincode 761114
Country IN
Address At/po mundamarai, ganjam dist, orissa - 761114
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 0 for Mundamarai 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 0 of Andhra Bank, Mundamarai branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Mundamarai 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 -

>>Mundamarai

MICR code for Andhra Bank Mundamarai

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 Mundamarai 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. 0 is the MICR code of Andhra Bank for Mundamarai branch. MICR code for Mundamarai 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 Mundamarai is presented in the table alongside.

Use of Andhra Bank MICR code for Mundamarai branch in mundamarai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mundamarai 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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