Andhra Pradesh Co-Op Bank Vijayawada Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Pradesh Co-Op Bank Vijayawada Krishna Andhra Pradesh

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MICR Code
Bank The Andhra Pradesh State Co-op Bank Ltd.
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Currency Nagar
Contact 0
Bank Details The Andhra Pradesh State Co-op Bank Ltd. Currency Nagar APBL0000011
Location Vijayawada, Krishna
City Vijayawada
District Krishna
State Andhra Pradesh
Pincode 520008
Country IN
Address H.no.48-19-5/1,sri rama chandra nagar road,bank colony,currency nagar,vijayawada,krishna district-520008
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 Currency Nagar 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 Andhra Pradesh State Co-Op Bank, Currency Nagar branch makes the system almost error free and faster. Use of Andhra Pradesh State Co-Op Bank MICR codes for Currency Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Pradesh Co-Op Bank Currency Nagar

Andhra Pradesh Co-Op Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Andhra Pradesh State Co-Op Bank MICR code for Currency Nagar 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 State Bank for Currency Nagar branch. MICR code for Currency Nagar 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 Andhra Pradesh State Co-Op Bank Currency Nagar is presented in the table alongside.

Use of Andhra Pradesh State Co-Op Bank MICR code for Currency Nagar branch in vijayawada

The MICR code 0 is used in RBI cheque clearing process to identify the branch Currency Nagar and Andhra Pradesh State Co-Op Bank 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 State Bank is typically in either of these two font’s: E-138 and CMC-7.

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