Let Others Know
×
LinkedIn
Email
WhatsApp

Andhra Pragathi Grameena Bank Vallur Cuddapah Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Pragathi Grameena Bank Vallur Cuddapah Andhra Pradesh

MICR Code
Bank Andhra Pragathi Grameena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vallur
Contact 08562-236482
Bank Details Andhra Pragathi Grameena Bank Vallur APGB0002005
Location Vallur, Cuddapah
City Vallur
District Cuddapah
State Andhra Pradesh
Pincode 516293
Country IN
Address Vallur-516293 vallur mandal kadapa district
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 Vallur 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, Vallur branch makes the system almost error free and faster. Use of APGB MICR codes for Vallur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Andhra Pragathi Grameena Bank are available with micr code -

>>Vallur

MICR code for Andhra Pragathi Grameena Bank Vallur

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

Use of APGB MICR code for Vallur branch in vallur

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