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Andhra Pradesh Grameena Vikas Bank Suryapet Suryapet Telangana MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Suryapet Suryapet Telangana

MICR Code
Bank Andhra Pradesh Grameena Vikas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Suryapet
Contact 9490157253
Bank Details Andhra Pradesh Grameena Vikas Bank Suryapet APGV0006231
Location Suryapet, Suryapet
City Suryapet
District Suryapet
State Telangana
Pincode 508213
Country IN
Address Suryapeta 6231,mandal suryapeta,dist nalgonda. Pin 508 213
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 Suryapet 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, Suryapet branch makes the system almost error free and faster. Use of APGVB MICR codes for Suryapet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Aipoor >>Aravapalli >>Kuda Kuda Road >>Mamillagudem >>Mothey >>Nemmikal >>Nuthankal >>Penpahad >>Psr Centre >>Suryapet >>Thirumalagiri >>Thungathurthy

MICR code for Andhra Pradesh Grameena Vikas Bank Suryapet

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

Use of APGVB MICR code for Suryapet branch in suryapet

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