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Andhra Pradesh Grameena Vikas Bank Jharasangam Sangareddy Telangana MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Jharasangam Sangareddy Telangana

MICR Code
Bank Andhra Pradesh Grameena Vikas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jharasangam
Contact 9490157396
Bank Details Andhra Pradesh Grameena Vikas Bank Jharasangam APGV0008151
Location Jharasangam, Sangareddy
City Jharasangam
District Sangareddy
State Telangana
Pincode 502246
Country IN
Address Jharasangam, medak dist.pin 502 321
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 Jharasangam 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, Jharasangam branch makes the system almost error free and faster. Use of APGVB MICR codes for Jharasangam 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 -

>>Jharasangam

MICR code for Andhra Pradesh Grameena Vikas Bank Jharasangam

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

Use of APGVB MICR code for Jharasangam branch in jharasangam

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