MICR Code: 505011703

Bank: Andhra Bank
IFSC Code: Andb0000810
MICR Code: 505011703
Address: Andhra Bank, Kokkargunta Road, Kothapalli, Dt. Karimnagar, Pin- 505 470
City: Karim Nagar
District: Kothapalli Haveli
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 505011703.

  • In this case first three codes 505 is city code and it represents city Karim Nagar.
  • Next three characters 011 represents bank Andhra Bank.
  • Remaining characters which are 703 represents branch. In our case branch is located at address Andhra Bank, Kokkargunta Road, Kothapalli, Dt. Karimnagar, Pin- 505 470.

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.