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Andhra Pradesh Grameena Vikas Bank Pedakothapalli Nagarkurnool Telangana MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Pedakothapalli Nagarkurnool Telangana

MICR Code
Bank Andhra Pradesh Grameena Vikas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pedakothapalli
Contact 9490157305
Bank Details Andhra Pradesh Grameena Vikas Bank Pedakothapalli APGV0007112
Location Pedakothapalli, Nagarkurnool
City Pedakothapalli
District Nagarkurnool
State Telangana
Pincode 509412
Country IN
Address Pedda kothapally 7112,kollapur tq,mbnr dist. 509 412
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 Pedakothapalli 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, Pedakothapalli branch makes the system almost error free and faster. Use of APGVB MICR codes for Pedakothapalli 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 -

>>Pedakothapalli

MICR code for Andhra Pradesh Grameena Vikas Bank Pedakothapalli

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

Use of APGVB MICR code for Pedakothapalli branch in pedakothapalli

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