Andhra Bank Visakhapatnam Vishakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Visakhapatnam Vishakhapatnam Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	530011036
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Retail Credit Branch
Contact	0891-2546794
Bank Details	Andhra Bank Retail Credit Branch ANDB0001610

Location	Visakhapatnam, Vishakhapatnam
City	Visakhapatnam
District	Vishakhapatnam
State	Andhra Pradesh
Pincode	530003
Country	IN
Address	Gold plaza, opp vemana mandir, asilmetta, visakhapatnam - 530003

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 530011036 for Retail Credit 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 530011036 of Andhra Bank, Retail Credit Branch branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Retail Credit Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 16 branches of Andhra Bank are available with micr code -

>>Ankupalem >>Arilova >>Balayya Sastry Layout >>Chinadoddigallu >>Govt. Polytechnic Ec >>H B Colony >>Ins Virabahu Utility Comlex >>Kancharapalem >>Madhavadhara >>Pothina Mallayyapalem >>Retail Credit Branch >>Ring Road Vizianagaram >>Shivajipalem >>Sujatha Nagar >>Vikas Educational Instituions >>Zonal Office Visakhapatnam

MICR code for Andhra Bank Retail Credit 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 Retail Credit 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. 530011036 is the MICR code of Andhra Bank for Retail Credit Branch branch. MICR code for Retail Credit 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 Retail Credit Branch is presented in the table alongside.

Use of Andhra Bank MICR code for Retail Credit Branch branch in visakhapatnam

The MICR code 530011036 is used in RBI cheque clearing process to identify the branch Retail Credit 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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