MICR Code: 504011704
| Bank: Andhra Bank |
| IFSC Code: Andb0001516 |
| MICR Code: 504011704 |
| Address: Near Old Bus Stand Area, Yapal, Mandamarri, Adilabad Dt, Andhra Pradesh |
| City: Andhra Pradesh |
| District: Mandamarri |
| 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 504011704.
- In this case first three codes 504 is city code and it represents city Andhra Pradesh.
- Next three characters 011 represents bank Andhra Bank.
- Remaining characters which are 704 represents branch. In our case branch is located at address Near Old Bus Stand Area, Yapal, Mandamarri, Adilabad Dt, Andhra Pradesh.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.