Andhra Pradesh Grameena Vikas Bank Anakapalle Visakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Anakapalle Visakhapatnam Andhra Pradesh

MICR Code
Bank Andhra Pradesh Grameena Vikas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tallapalem
Contact 9490157110
Bank Details Andhra Pradesh Grameena Vikas Bank Tallapalem APGV0003307
Location Anakapalle, Visakhapatnam
City Anakapalle
District Visakhapatnam
State Andhra Pradesh
Pincode 531031
Country IN
Address Thallapalem visakapatnam dist.pin 531 037
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 Tallapalem 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, Tallapalem branch makes the system almost error free and faster. Use of APGVB MICR codes for Tallapalem 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 -

>>Anakapalle >>Atchutapuram >>Haripalem >>Kasimkota >>Kothur Junction >>M.Jagannathapuram >>Nehru Chowk Anakapalli >>Parawada >>Sabbavaram >>Sirasapalli >>Tallapalem >>Thummapala

MICR code for Andhra Pradesh Grameena Vikas Bank Tallapalem

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

Use of APGVB MICR code for Tallapalem branch in anakapalle

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

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