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 Sri Sarvodaya College Ec
Contact 8612317721
Bank Details Andhra Bank Sri Sarvodaya College Ec ANDB0001537
Location Nellore, Nellore
City Nellore
District Nellore
State Andhra Pradesh
Pincode 524001
Country IN
Address Opp rtc busstand  nellore
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 524011011 for Sri Sarvodaya College Ec 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 524011011 of Andhra Bank, Sri Sarvodaya College Ec branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Sri Sarvodaya College Ec branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Bank Sri Sarvodaya College Ec

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 Sri Sarvodaya College Ec 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. 524011011 is the MICR code of Andhra Bank for Sri Sarvodaya College Ec branch. MICR code for Sri Sarvodaya College Ec 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 Sri Sarvodaya College Ec is presented in the table alongside.

Use of Andhra Bank MICR code for Sri Sarvodaya College Ec branch in nellore

The MICR code 524011011 is used in RBI cheque clearing process to identify the branch Sri Sarvodaya College Ec 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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