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Andhra Pradesh Grameena Vikas Bank Eturu Nagaram Bhupalapalli Jaishanker Telangana MICR CODE

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

MICR Code
Bank Andhra Pradesh Grameena Vikas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Akulavarighanpur
Contact 9490157413
Bank Details Andhra Pradesh Grameena Vikas Bank Akulavarighanpur APGV0005102
Location Eturu Nagaram, Bhupalapalli Jaishanker
City Eturu Nagaram
District Bhupalapalli Jaishanker
State Telangana
Pincode 506165
Country IN
Address Akulavari ghanapur 5102,mandal eturnagaram,dist warangal. Pin 506 165
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 Akulavarighanpur 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, Akulavarighanpur branch makes the system almost error free and faster. Use of APGVB MICR codes for Akulavarighanpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Akulavarighanpur >>Mallur

MICR code for Andhra Pradesh Grameena Vikas Bank Akulavarighanpur

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 Akulavarighanpur 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 Akulavarighanpur branch. MICR code for Akulavarighanpur 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 Akulavarighanpur is presented in the table alongside.

Use of APGVB MICR code for Akulavarighanpur branch in eturu nagaram

The MICR code 0 is used in RBI cheque clearing process to identify the branch Akulavarighanpur 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.