MICR Code: 423011301
| Bank: Andhra Bank |
| IFSC Code: Andb0001112 |
| MICR Code: 423011301 |
| Address: Baghchand Apartments┬Á┬ Ápimplewadi Road, Shirdi |
| City: Ahmednagar |
| District: Shirdi |
| State: Maharashtra |
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 423011301.
- In this case first three codes 423 is city code and it represents city Ahmednagar.
- Next three characters 011 represents bank Andhra Bank.
- Remaining characters which are 301 represents branch. In our case branch is located at address Baghchand Apartments┬Á┬ Ápimplewadi Road, Shirdi.
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.