Andhra Pragathi Grameena Bank Anantapur Anantapur Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Pragathi Grameena Bank Anantapur Anantapur Andhra Pradesh

Bank
State
District
City
Branch
Address
MICR Code: -NA-
Bank: Andhra Pragathi Grameena Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Anantapur Main Branch
Contact: 08554-221022
Bank Details: Andhra Pragathi Grameena Bank Anantapur Main Branch APGB0001002
Location: Anantapur, Anantapur
City: Anantapur
District: Anantapur
State: Andhra Pradesh
Pincode: 515001
Country: IN
Address: Anantapur Main Branch b.S.N. Complex, Raju Road, anantapur, anantapur District. Pin 515001
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 0 for Anantapur Main Branch branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of Apgb, Anantapur Main Branch branch makes the system almost error free and faster. Use of Apgb MICR codes for Anantapur Main Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Pragathi Grameena Bank Anantapur Main Branch

Andhra Pragathi Grameena Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Apgb MICR code for Anantapur Main Branch is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of Andhra Pragathi Bank for Anantapur Main Branch branch. MICR code for Anantapur Main Branch branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Apgb Anantapur Main Branch is presented in the table alongside.

Use of Apgb MICR code for Anantapur Main Branch branch in anantapur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Anantapur Main Branch and Apgb bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Andhra Pragathi Bank is typically in either of these two font’s: E-138 and CMC-7.

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