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Andhra Pradesh Grameena Vikas Bank Ramachandrapuram Sangareddy Telangana MICR CODE

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

MICR Code
Bank Andhra Pradesh Grameena Vikas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ramachandrapuram
Contact 9490157403
Bank Details Andhra Pradesh Grameena Vikas Bank Ramachandrapuram APGV0008172
Location Ramachandrapuram, Sangareddy
City Ramachandrapuram
District Sangareddy
State Telangana
Pincode 502001
Country IN
Address 1044,r.c.puram village,r.c.sunday mkt,ramachandrapuram(bhel) 502032
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 500806006 for Ramachandrapuram 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 500806006 of APGVB, Ramachandrapuram branch makes the system almost error free and faster. Use of APGVB MICR codes for Ramachandrapuram 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 -

>>Ramachandrapuram

MICR code for Andhra Pradesh Grameena Vikas Bank Ramachandrapuram

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 Ramachandrapuram 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. 500806006 is the MICR code of Andhra Pradesh Grameena Vikas Bank for Ramachandrapuram branch. MICR code for Ramachandrapuram 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 Ramachandrapuram is presented in the table alongside.

Use of APGVB MICR code for Ramachandrapuram branch in ramachandrapuram

The MICR code 500806006 is used in RBI cheque clearing process to identify the branch Ramachandrapuram 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.