Andhra Bank Visakhapatnam Vishakapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Bank Visakhapatnam Vishakapatnam Andhra Pradesh

MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Visakhapatnam Special Economic Zone (Vsez)
Contact M.Krishna Kumar- 0891-2587214
Bank Details Andhra Bank Visakhapatnam Special Economic Zone (Vsez) ANDB0001066
Location Visakhapatnam, Vishakapatnam
City Visakhapatnam
District Vishakapatnam
State Andhra Pradesh
Pincode 530046
Country IN
Address Visakhapatnam special economic zone (vsez); visakhapatnam - 530 046
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 530011022 for Visakhapatnam Special Economic Zone (Vsez) 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 530011022 of Andhra Bank, Visakhapatnam Special Economic Zone (Vsez) branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Visakhapatnam Special Economic Zone (Vsez) branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Bank Visakhapatnam Special Economic Zone (Vsez)

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 Visakhapatnam Special Economic Zone (Vsez) 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. 530011022 is the MICR code of Andhra Bank for Visakhapatnam Special Economic Zone (Vsez) branch. MICR code for Visakhapatnam Special Economic Zone (Vsez) 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 Visakhapatnam Special Economic Zone (Vsez) is presented in the table alongside.

Use of Andhra Bank MICR code for Visakhapatnam Special Economic Zone (Vsez) branch in visakhapatnam

The MICR code 530011022 is used in RBI cheque clearing process to identify the branch Visakhapatnam Special Economic Zone (Vsez) 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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