Andhra Pradesh Grameena Vikas Bank Chodavaram Visakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Chodavaram Visakhapatnam Andhra Pradesh

MICR Code
Bank Andhra Pradesh Grameena Vikas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Buchaiahpeta
Contact 8333982569
Bank Details Andhra Pradesh Grameena Vikas Bank Buchaiahpeta APGV0003357
Location Chodavaram, Visakhapatnam
City Chodavaram
District Visakhapatnam
State Andhra Pradesh
Pincode 531026
Country IN
Address Drno 19,via vaddadi,butchaiah peta(m),butchaiahpeta,vsp dist. Pin 531026
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 Buchaiahpeta 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, Buchaiahpeta branch makes the system almost error free and faster. Use of APGVB MICR codes for Buchaiahpeta branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Anandapuram >>Buchaiahpeta >>Cheedikada >>Chodavaram >>Chowduwada >>Devarapalli >>Gavaravaram >>Govada >>K.J.Puram >>K.Kotapadu >>Madugula >>V.R.R.Peta

MICR code for Andhra Pradesh Grameena Vikas Bank Buchaiahpeta

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

Use of APGVB MICR code for Buchaiahpeta branch in chodavaram

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