MICR Code: 450011101
| Bank: Andhra Bank |
| IFSC Code: Andb0002782 |
| MICR Code: 450011101 |
| Address: Khandwa Branch, Plot No 31, Padawa, Near Hanuman Mandir, Indore Road, Khandwa Dist, Madhya Pradesh,450001 |
| City: East Nimar |
| District: Khandwa |
| State: Madhya 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 450011101.
- In this case first three codes 450 is city code and it represents city East Nimar.
- Next three characters 011 represents bank Andhra Bank.
- Remaining characters which are 101 represents branch. In our case branch is located at address Khandwa Branch, Plot No 31, Padawa, Near Hanuman Mandir, Indore Road, Khandwa Dist, Madhya Pradesh,450001.
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.