BANK IFSC Code

ANDHRA BANK SATAVAHANA NAGAR Branch  IFSC code: ANDB0002658 and MICR code:500011199

ANDHRA BANK SATAVAHANA NAGAR  IFSC Code ANDB0002658 And MICR Code 500011199

BANK NAME ANDHRA BANK
IFSC CODE ANDB0002658
MICR CODE 500011199
BRANCH NAME SATAVAHANA NAGAR
ADDRESS 3 6 347-PLOT NO 9-LAKSHMI NARAYANA COLONY-SAROOR NAGAR-DANAPURAM-LB NAGAR-HYDERABAD-500074
CONTACT 9642057884
CITY L.B.NAGAR
DISTRICT RANGAREDDY
STATE TELANGANA

ANDHRA BANK Branch SATAVAHANA NAGAR branch  IFSC Code is ANDB0002658

What is ANDHRA BANK SATAVAHANA NAGAR L.B.NAGAR  IFSC Code?

IFSC is an acronym for Indian Financial System Code.ANDHRA BANK SATAVAHANA NAGAR L.B.NAGAR IFSC code is an interesting eleven-digit number which is a mix of letters in order and numerals. It is utilized to exchange stores online for NEFT, IMPS and RTGS exchanges. Ordinarily, the IFSC code can be found on the registration given by the ANDHRA BANK SATAVAHANA NAGAR L.B.NAGAR. It can likewise be found on the first page of the accountholder's passbook. The IFSC code of each bank office is appointed by the Reserve Bank of India. The account holders can without much of a stretch check the IFSC code of their bank/office on the Reserve Bank of India's site. Web keeping money exchanges for exchanging reserves, utilizing NEFT, IMPS, and RTGS, can't be started without a legitimate Indian Financial System Code.

Format for Bank IFSC Code

ANDHRA BANK SATAVAHANA NAGAR branch L.B.NAGAR  IFSC Code comprises of 11 Characters: ( ANDB0002658 ).

  • Initial 4 characters represent bank name.( ANDB0002658 )
  • Fifth position has been defaulted with a '0' (Zero) for sometime later ( ANDB0002658 )
  • Last 6 character means the ANDHRA BANK SATAVAHANA NAGAR L.B.NAGAR branch code ( ANDB0002658 )

What Is ANDHRA BANK SATAVAHANA NAGAR L.B.NAGAR MICR Code?

MICR is an acronym for Magnetic Ink Character Recognition. Principally, this inventive innovation confirms the lawfulness and believability of paper-based document(s) in the managing an account database. It can be found on checks. MICR is at standard with IFSC to the extent the security of a reserve exchange is concerned.

MICR code is a result of very propelled Character Recognition Technology (CRT) utilized by banks to confirm checks for free. MICR innovation is utilized for other bank archives too. A MICR code is set at the base of a check. It incorporates subtle elements such as the bank code, account points of interest, sum, and check number, nearby a control pointer. The greatest preferred standpoint of MICR innovation is that it emerges among comparative ideas, for example, scanner tags, as MICR can be perused and recognized by people effectively.

ANDHRA BANK SATAVAHANA NAGAR branch L.B.NAGAR  MICR Code : ( 500011199 ).

Difference between IFSC Code & MICR Code

How about we accumulate an unmistakable comprehension of both and figure out how they vary from each other-

IFSC Code

MICR Code

It is utilized to encourage electronic cash exchange between the banks in India. It is utilized to encourage electronic cash exchange between the banks in India.
IFSC Code is a 11-digit alpha-numeric code. MICR is a 9-digit code.
The initial four characters show the name of the bank. The initial three digits speak to the city code where the bank office is found.
Last 6 digits speak to the bank area Last three digits demonstrate the bank office code.

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