Andhra Pradesh Grameena Vikas Bank Alair Yadadri Bhuvanagiri Telangana MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Alair Yadadri Bhuvanagiri Telangana

↻ Reload
MICR Code
Bank Andhra Pradesh Grameena Vikas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Aleru
Contact 9490157249
Bank Details Andhra Pradesh Grameena Vikas Bank Aleru APGV0006227
Location Alair, Yadadri Bhuvanagiri
City Alair
District Yadadri Bhuvanagiri
State Telangana
Pincode 508101
Country IN
Address Alairmandal alair,dist nalgonda. 508 101
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 Aleru 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, Aleru branch makes the system almost error free and faster. Use of APGVB MICR codes for Aleru branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Aleru

MICR code for Andhra Pradesh Grameena Vikas Bank Aleru

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

Use of APGVB MICR code for Aleru branch in alair

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

Copied!