MICR Code: 500011163

Bank: Andhra Bank
IFSC Code: Andb0001726
MICR Code: 500011163
Address: Survey No 519, Rahul Towers Isnapur X Roads Isnapur Patancheru Mandal Medak - 502 307
City: Medak
District: Isnapur
State: Andhra Pradesh

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 500011163.

  • In this case first three codes 500 is city code and it represents city Medak.
  • Next three characters 011 represents bank Andhra Bank.
  • Remaining characters which are 163 represents branch. In our case branch is located at address Survey No 519, Rahul Towers Isnapur X Roads Isnapur Patancheru Mandal Medak - 502 307.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.