Andhra Pradesh Grameena Vikas Bank Visakhapatnam Visakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Visakhapatnam Visakhapatnam Andhra Pradesh

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MICR Code	530806003
Bank	Andhra Pradesh Grameena Vikas Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Allipuram
Contact	9490157149
Bank Details	Andhra Pradesh Grameena Vikas Bank Allipuram APGV0003351

Location	Visakhapatnam, Visakhapatnam
City	Visakhapatnam
District	Visakhapatnam
State	Andhra Pradesh
Pincode	313295
Country	IN
Address	313295, dabagardens, visakhapatnam p.o.allipuram,

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 530806003 for Allipuram 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 530806003 of APGVB, Allipuram branch makes the system almost error free and faster. Use of APGVB MICR codes for Allipuram branch, makes the characters readable even if there are other marks and stamps on it.

A total of 42 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Adivivaram >>Akkayyapalem >>Allipuram >>Arilova >>Baji Jun >>Bheemunipatnam >>Chinagantyada >>Chinamushidivada >>Chinna Waltair >>Chittivalasa >>Dabagardens >>H.B.Colony Vsp >>Kailasapuram >>Kancharapalem >>Kommadi >>Kurmannapalem >>Lankelapalem >>Maddilapalem >>Madhurawada >>Maharanipeta >>Murali Nagar >>Mvp Colony >>Narava >>Nathayyapalem >>P.M.Palem >>Padmanabham >>Pedagantyada >>R.K.Beach >>Railway New Colony >>Ramnagar >>Sagarnagar >>Sare Palli >>Seetammadara >>Seethampeta V >>Sontyam >>Sriharipuram >>Sujathanagar >>Tallavalasa >>Town Kotha Road >>Vemulavalasa >>Vishalakshi Nagar >>Yendada

MICR code for Andhra Pradesh Grameena Vikas Bank Allipuram

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 Allipuram 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. 530806003 is the MICR code of Andhra Pradesh Grameena Vikas Bank for Allipuram branch. MICR code for Allipuram 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 Allipuram is presented in the table alongside.

Use of APGVB MICR code for Allipuram branch in visakhapatnam

The MICR code 530806003 is used in RBI cheque clearing process to identify the branch Allipuram 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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