Andhra Bank Hyderabad Rangareddy Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Hyderabad Rangareddy Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	500011161
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nagaram Branch
Contact	040-27148988
Bank Details	Andhra Bank Nagaram Branch ANDB0001724

Location	Hyderabad, Rangareddy
City	Hyderabad
District	Rangareddy
State	Andhra Pradesh
Pincode	500083
Country	IN
Address	Sh no. 257, nagaram, kesara mandal, ranga reddy dist - 500083

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 500011161 for Nagaram Branch 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 500011161 of Andhra Bank, Nagaram Branch branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Nagaram Branch 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 -

>>Nagaram Branch

MICR code for Andhra Bank Nagaram Branch

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 Nagaram Branch 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. 500011161 is the MICR code of Andhra Bank for Nagaram Branch branch. MICR code for Nagaram Branch 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 Nagaram Branch is presented in the table alongside.

Use of Andhra Bank MICR code for Nagaram Branch branch in hyderabad

The MICR code 500011161 is used in RBI cheque clearing process to identify the branch Nagaram Branch 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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