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Andhra Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Andhra Bank Chennai Chennai Tamil Nadu

MICR Code
Bank Andhra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ashok Nagar
Contact A Srinivasa Rao ; 044-2489433
Bank Details Andhra Bank Ashok Nagar ANDB0000019
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600083
Country IN
Address A1, senthil towers, i avenue, ashok nagar, chennai 600083
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 500011133 for Ashok Nagar 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 500011133 of Andhra Bank, Ashok Nagar branch makes the system almost error free and faster. Use of Andhra Bank MICR codes for Ashok Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Bank Ashok Nagar

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 Ashok Nagar 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. 500011133 is the MICR code of Andhra Bank for Ashok Nagar branch. MICR code for Ashok Nagar 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 Ashok Nagar is presented in the table alongside.

Use of Andhra Bank MICR code for Ashok Nagar branch in chennai

The MICR code 500011133 is used in RBI cheque clearing process to identify the branch Ashok Nagar 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.