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Andhra Bank Eluru West Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Eluru West Godavari Andhra Pradesh

MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Velairpadu
Contact 230938
Bank Details Andhra Bank Velairpadu ANDB0003074
Location Eluru, West Godavari
City Eluru
District West Godavari
State Andhra Pradesh
Pincode 507121
Country IN
Address Mdo office, repaka gummam, 507121
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 Velairpadu 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, Velairpadu branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Velairpadu branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Bank Velairpadu

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 Velairpadu 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 Velairpadu branch. MICR code for Velairpadu 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 Velairpadu is presented in the table alongside.

Use of Andhra Bank MICR code for Velairpadu branch in eluru

The MICR code 0 is used in RBI cheque clearing process to identify the branch Velairpadu 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.