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Andhra Pradesh Grameena Vikas Bank Sadashivapet Sangareddy Telangana MICR CODE

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

Bank
State
District
City
Branch
Address

MICR Code	500806011
Bank	Andhra Pradesh Grameena Vikas Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sadashivapet
Contact	9440903960
Bank Details	Andhra Pradesh Grameena Vikas Bank Sadashivapet APGV0008154

Location	Sadashivapet, Sangareddy
City	Sadashivapet
District	Sangareddy
State	Telangana
Pincode	502291
Country	IN
Address	Sadasivpet 8154sadasivpet, medak dist.pin 502 291

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 500806011 for Sadashivapet 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 500806011 of APGVB, Sadashivapet branch makes the system almost error free and faster. Use of APGVB MICR codes for Sadashivapet 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 -

>>Sadashivapet

MICR code for Andhra Pradesh Grameena Vikas Bank Sadashivapet

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 Sadashivapet 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. 500806011 is the MICR code of Andhra Pradesh Grameena Vikas Bank for Sadashivapet branch. MICR code for Sadashivapet 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 Sadashivapet is presented in the table alongside.

Use of APGVB MICR code for Sadashivapet branch in sadashivapet

The MICR code 500806011 is used in RBI cheque clearing process to identify the branch Sadashivapet 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.