Andhra Pragathi Grameena Bank Nellore Spsr Nellore Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Pragathi Grameena Bank Nellore Spsr Nellore Andhra Pradesh

MICR Code
Bank Andhra Pragathi Grameena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nellore Ro
Contact 9490158027
Bank Details Andhra Pragathi Grameena Bank Nellore Ro APGB0004000
Location Nellore, Spsr Nellore
City Nellore
District Spsr Nellore
State Andhra Pradesh
Pincode 524004
Country IN
Address Andhra pragathi grameena bank,regional office,rithwik enclave,near current office centre,nellore-524004
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 Nellore Ro 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 APGB, Nellore Ro branch makes the system almost error free and faster. Use of APGB MICR codes for Nellore Ro branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Nellore Ramachandrapuram >>Nellore Ro

MICR code for Andhra Pragathi Grameena Bank Nellore Ro

Andhra Pragathi Grameena Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. APGB MICR code for Nellore Ro 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 Pragathi Bank for Nellore Ro branch. MICR code for Nellore Ro 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 APGB Nellore Ro is presented in the table alongside.

Use of APGB MICR code for Nellore Ro branch in nellore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nellore Ro and APGB 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 Pragathi Bank is typically in either of these two font’s: E-138 and CMC-7.

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