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Andhra Bank Saraipalli Mahasamund Chhattisgarh MICR CODE

Find MICR Codes for Andhra Bank Saraipalli Mahasamund Chhattisgarh

Bank
State
District
City
Branch
Address

MICR Code	493011501
Bank	Andhra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Saraipalli
Contact	5226635
Bank Details	Andhra Bank Saraipalli ANDB0003062

Location	Saraipalli, Mahasamund
City	Saraipalli
District	Mahasamund
State	Chhattisgarh
Pincode	493558
Country	IN
Address	Near idbi bank atm, nh-6, main road, saraipalli, tehsil - saraipalli, district mahasamund, 493558

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 493011501 for Saraipalli 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 493011501 of Andhra Bank, Saraipalli branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Saraipalli 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 -

>>Saraipalli

MICR code for Andhra Bank Saraipalli

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 Saraipalli 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. 493011501 is the MICR code of Andhra Bank for Saraipalli branch. MICR code for Saraipalli 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 Saraipalli is presented in the table alongside.

Use of Andhra Bank MICR code for Saraipalli branch in saraipalli

The MICR code 493011501 is used in RBI cheque clearing process to identify the branch Saraipalli 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.