Andhra Pradesh Grameena Vikas Bank Jammikunta Bhupalapalli Jaishanker Telangana MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Jammikunta Bhupalapalli Jaishanker Telangana

MICR Code
Bank Andhra Pradesh Grameena Vikas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Aknepally
Contact 9490157412
Bank Details Andhra Pradesh Grameena Vikas Bank Aknepally APGV0005101
Location Jammikunta, Bhupalapalli Jaishanker
City Jammikunta
District Bhupalapalli Jaishanker
State Telangana
Pincode 506366
Country IN
Address Akenepally 5101,mandal mogullapally,dist warangal. Pin 506 366
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 Aknepally 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 APGVB, Aknepally branch makes the system almost error free and faster. Use of APGVB MICR codes for Aknepally branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Aknepally

MICR code for Andhra Pradesh Grameena Vikas Bank Aknepally

Andhra Pradesh Grameena Vikas Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. APGVB MICR code for Aknepally 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 Pradesh Grameena Vikas Bank for Aknepally branch. MICR code for Aknepally 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 APGVB Aknepally is presented in the table alongside.

Use of APGVB MICR code for Aknepally branch in jammikunta

The MICR code 0 is used in RBI cheque clearing process to identify the branch Aknepally and APGVB 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 Pradesh Grameena Vikas Bank is typically in either of these two font’s: E-138 and CMC-7.

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