MICR Code: 507011102

Bank: Andhra Bank
IFSC Code: Andb0000315
MICR Code: 507011102
Address: 7-89 Shopping Centre, Singareni Colleriesbldgs,M G Road Kothagudem, Kham
City: Khammam
District: Kothagudem
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 507011102.

  • In this case first three codes 507 is city code and it represents city Khammam.
  • Next three characters 011 represents bank Andhra Bank.
  • Remaining characters which are 102 represents branch. In our case branch is located at address 7-89 Shopping Centre, Singareni Colleriesbldgs,M G Road Kothagudem, Kham.

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.