Andhra Bank Nagarjunasagar Nalgonda Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Nagarjunasagar Nalgonda Andhra Pradesh

MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nagarjuna Sagar
Contact 08680-276562
Bank Details Andhra Bank Nagarjuna Sagar ANDB0000399
Location Nagarjunasagar, Nalgonda
City Nagarjunasagar
District Nalgonda
State Andhra Pradesh
Pincode 508202
Country IN
Address Him colony, nalgonda, andhra pradesh-508202
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 Nagarjuna Sagar 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, Nagarjuna Sagar branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Nagarjuna Sagar 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 -

>>Nagarjuna Sagar

MICR code for Andhra Bank Nagarjuna Sagar

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 Nagarjuna Sagar 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 Nagarjuna Sagar branch. MICR code for Nagarjuna Sagar 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 Nagarjuna Sagar is presented in the table alongside.

Use of Andhra Bank MICR code for Nagarjuna Sagar branch in nagarjunasagar

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