MICR Code Bank
Find MICR code for Andhra Pragathi Grameena Bank branches in India for NEFT and RTGS transfer

Andhra Pragathi Grameena Bank MICR CODE

Find MICR Codes for Andhra Pragathi Grameena Bank

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  1. Andhra Pragathi Grameena Bank »
  2. Andhra Pradesh »
  3. anantapur »
  4. anantapur »
  5. nirmala convent revenue colony anantapur

Find MICR Codes for Andhra Pragathi Grameena Bank

MICR Code: -NA-
Bank: Andhra Pragathi Grameena Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Nirmala Convent Revenue Colony Anantapur
Contact: 08554-244030
Bank Details: Andhra Pragathi Grameena Bank Nirmala Convent Revenue Colony Anantapur APGB0001082
Location: Anantapur, Anantapur
City: Anantapur
District: Anantapur
State: Andhra Pradesh
Pincode: 515001
Country: IN
Address: Nirmala convent-anantapur-515 001 revenue colony anantapur district

How does MICR code for 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 of APGB, branch makes the system almost error free and faster. Use of APGB MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Pragathi Grameena Bank

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 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. is the MICR code of Andhra Pragathi Bank for branch. MICR code for 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 is presented in the table alongside.

Use of APGB MICR code for branch in anantapur

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