Andhra Pradesh Grameena Vikas Bank Burhanpuram Khammam Telangana MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Burhanpuram Khammam Telangana

Bank
State
District
City
Branch
Address

MICR Code	507806003
Bank	Andhra Pradesh Grameena Vikas Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Burhanpuram
Contact	9440908390
Bank Details	Andhra Pradesh Grameena Vikas Bank Burhanpuram APGV0004150

Location	Burhanpuram, Khammam
City	Burhanpuram
District	Khammam
State	Telangana
Pincode	507003
Country	IN
Address	Burhanpuram 4150,mandal khammam,dist khammam. Pin 507 001

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 507806003 for Burhanpuram 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 507806003 of APGVB, Burhanpuram branch makes the system almost error free and faster. Use of APGVB MICR codes for Burhanpuram 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 -

>>Burhanpuram

MICR code for Andhra Pradesh Grameena Vikas Bank Burhanpuram

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 Burhanpuram 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. 507806003 is the MICR code of Andhra Pradesh Grameena Vikas Bank for Burhanpuram branch. MICR code for Burhanpuram 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 Burhanpuram is presented in the table alongside.

Use of APGVB MICR code for Burhanpuram branch in burhanpuram

The MICR code 507806003 is used in RBI cheque clearing process to identify the branch Burhanpuram 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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