Andhra Pradesh Grameena Vikas Bank Suryapet Suryapet Telangana MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Suryapet Suryapet Telangana

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MICR Code
Bank Andhra Pradesh Grameena Vikas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Aipoor
Contact 9490157282
Bank Details Andhra Pradesh Grameena Vikas Bank Aipoor APGV0006268
Location Suryapet, Suryapet
City Suryapet
District Suryapet
State Telangana
Pincode 508221
Country IN
Address Aipoor 6268,mdl atmakur (s), via nuthanakal,dt nalgonda. Pin 508 221
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 Aipoor 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, Aipoor branch makes the system almost error free and faster. Use of APGVB MICR codes for Aipoor branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Aipoor >>Aravapalli >>Kuda Kuda Road >>Mamillagudem >>Mothey >>Nemmikal >>Nuthankal >>Penpahad >>Psr Centre >>Suryapet >>Thirumalagiri >>Thungathurthy

MICR code for Andhra Pradesh Grameena Vikas Bank Aipoor

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

Use of APGVB MICR code for Aipoor branch in suryapet

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

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