MICR Code: 500011586

Bank: Andhra Bank
IFSC Code: Andb0002446
MICR Code: 500011586
Address: H No 7 1 B, Sainagar Colony, Peddamberpet, Hayatnagar Mandal,R R Dist, Telangana
City: Rangareddy
District: Hayatnagar
State: Telangana

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 500011586.

  • In this case first three codes 500 is city code and it represents city Rangareddy.
  • Next three characters 011 represents bank Andhra Bank.
  • Remaining characters which are 586 represents branch. In our case branch is located at address H No 7 1 B, Sainagar Colony, Peddamberpet, Hayatnagar Mandal,R R Dist, Telangana.

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.