MICR CODE | 500011017 |
---|---|
Bank | Andhra Bank |
Branch | Hyderguda |
IFSC Code | IFSC Code Andhra Bank |
Address | 1st Floor/united India Insurance Buildingbasheerbagh,hyderabad-500029 |
City | Hyderabad |
State | Andhra Pradesh |
Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.
MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).