MICR Code: 509011503

Bank: Andhra Bank
IFSC Code: Andb0002014
MICR Code: 509011503
Address: Dno. 1-159, Near Bus Stand, Rudraram Post, Kodangal Mandal, Mahaboobnagar
City: Mahbubnagar
District: Kodangal
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 509011503.

  • In this case first three codes 509 is city code and it represents city Mahbubnagar.
  • Next three characters 011 represents bank Andhra Bank.
  • Remaining characters which are 503 represents branch. In our case branch is located at address Dno. 1-159, Near Bus Stand, Rudraram Post, Kodangal Mandal, Mahaboobnagar.

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.