Andhra Bank Chandigarh Chandigarh Chandigarh MICR CODE

Find MICR Codes for Andhra Bank Chandigarh Chandigarh Chandigarh

MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sec Forty Seven Chandigarh
Contact 8872817713
Bank Details Andhra Bank Sec Forty Seven Chandigarh ANDB0002879
Location Chandigarh, Chandigarh
City Chandigarh
District Chandigarh
State Chandigarh
Pincode 160047
Country IN
Address Sco 59,sector 47c,chandigarh,160047
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 Sec Forty Seven Chandigarh 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, Sec Forty Seven Chandigarh branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Sec Forty Seven Chandigarh branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Bank Sec Forty Seven Chandigarh

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 Sec Forty Seven Chandigarh 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 Sec Forty Seven Chandigarh branch. MICR code for Sec Forty Seven Chandigarh 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 Sec Forty Seven Chandigarh is presented in the table alongside.

Use of Andhra Bank MICR code for Sec Forty Seven Chandigarh branch in chandigarh

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sec Forty Seven Chandigarh 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.

Copied!