Andhra Bank Nellore Nellore Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Nellore Nellore Andhra Pradesh

MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ratnam Junior College (Tirupathi)
Contact 0861-2326555
Bank Details Andhra Bank Ratnam Junior College (Tirupathi) ANDB0001162
Location Nellore, Nellore
City Nellore
District Nellore
State Andhra Pradesh
Pincode 524001
Country IN
Address Rjc,haranathpuram,nellore dt.
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 524011010 for Ratnam Junior College (Tirupathi) 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 524011010 of Andhra Bank, Ratnam Junior College (Tirupathi) branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Ratnam Junior College (Tirupathi) branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Bank Ratnam Junior College (Tirupathi)

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 Ratnam Junior College (Tirupathi) 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. 524011010 is the MICR code of Andhra Bank for Ratnam Junior College (Tirupathi) branch. MICR code for Ratnam Junior College (Tirupathi) 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 Ratnam Junior College (Tirupathi) is presented in the table alongside.

Use of Andhra Bank MICR code for Ratnam Junior College (Tirupathi) branch in nellore

The MICR code 524011010 is used in RBI cheque clearing process to identify the branch Ratnam Junior College (Tirupathi) 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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