MICR Code: 502011203

Bank: Andhra Bank
IFSC Code: Andb0001991
MICR Code: 502011203
Address: Building Of Farooq Hussain, Near Govt College, Prashanthi Nagar, Medak Road, Siddipet - 502 103
City: Medak
District: Siddipet
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 502011203.

  • In this case first three codes 502 is city code and it represents city Medak.
  • Next three characters 011 represents bank Andhra Bank.
  • Remaining characters which are 203 represents branch. In our case branch is located at address Building Of Farooq Hussain, Near Govt College, Prashanthi Nagar, Medak Road, Siddipet - 502 103.

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.