Andhra Pradesh Grameena Vikas Bank Madhira Khammam Telangana MICR CODE

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

MICR Code
Bank Andhra Pradesh Grameena Vikas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dendukur
Contact 8331010457
Bank Details Andhra Pradesh Grameena Vikas Bank Dendukur APGV0004196
Location Madhira, Khammam
City Madhira
District Khammam
State Telangana
Pincode 507203
Country IN
Address H. No. 294, main road, dendukuru, dendukuru, 507203
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 Dendukur 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, Dendukur branch makes the system almost error free and faster. Use of APGVB MICR codes for Dendukur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Ab Centre >>Banjara Colony >>Bonakal >>Dendukur >>Kalakota >>Madhira >>Madupalli >>Mamunuru >>Maturu >>Siripuram >>Yerrupalem

MICR code for Andhra Pradesh Grameena Vikas Bank Dendukur

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

Use of APGVB MICR code for Dendukur branch in madhira

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

Copied!