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Andhra Pradesh Grameena Vikas Bank Parkal Bhupalapalli Jaishanker Telangana MICR CODE

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

MICR Code
Bank Andhra Pradesh Grameena Vikas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kothapally Gori
Contact 9490157426
Bank Details Andhra Pradesh Grameena Vikas Bank Kothapally Gori APGV0005120
Location Parkal, Bhupalapalli Jaishanker
City Parkal
District Bhupalapalli Jaishanker
State Telangana
Pincode 506348
Country IN
Address Kothapally gori 5120,via regondaparkal,mdl regonda,dist warangal. Pin 506 348
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 Kothapally Gori 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, Kothapally Gori branch makes the system almost error free and faster. Use of APGVB MICR codes for Kothapally Gori 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 -

>>Kothapally Gori >>Regonda

MICR code for Andhra Pradesh Grameena Vikas Bank Kothapally Gori

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 Kothapally Gori 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 Kothapally Gori branch. MICR code for Kothapally Gori 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 Kothapally Gori is presented in the table alongside.

Use of APGVB MICR code for Kothapally Gori branch in parkal

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