Let Others Know
×
LinkedIn
Email
WhatsApp

Andhra Pradesh Grameena Vikas Bank Eturu Nagaram Bhupalapalli(Jaishanker) Telangana MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Eturu Nagaram Bhupalapalli(Jaishanker) Telangana

MICR Code
Bank Andhra Pradesh Grameena Vikas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Venkatapuram
Contact 9490157180
Bank Details Andhra Pradesh Grameena Vikas Bank Venkatapuram APGV0004127
Location Eturu Nagaram, Bhupalapalli(Jaishanker)
City Eturu Nagaram
District Bhupalapalli(Jaishanker)
State Telangana
Pincode 507136
Country IN
Address Venkatapuram 4127,mandal venkatapuram,distkhammam507136
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 Venkatapuram 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, Venkatapuram branch makes the system almost error free and faster. Use of APGVB MICR codes for Venkatapuram branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Venkatapuram >>Wazeed

MICR code for Andhra Pradesh Grameena Vikas Bank Venkatapuram

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

Use of APGVB MICR code for Venkatapuram branch in eturu nagaram

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