Andhra Pradesh Grameena Vikas Bank Srikakulam Srikakulam Andhra Pradesh MICR CODE

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

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MICR Code	532806005
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	Arasavilli
Contact	9490157052
Bank Details	Andhra Pradesh Grameena Vikas Bank Arasavilli APGV0001160

Location	Srikakulam, Srikakulam
City	Srikakulam
District	Srikakulam
State	Andhra Pradesh
Pincode	532001
Country	IN
Address	Arasavilli 1160,srikakulam dist.pin 532 401

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 532806005 for Arasavilli 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 532806005 of APGVB, Arasavilli branch makes the system almost error free and faster. Use of APGVB MICR codes for Arasavilli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 24 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Akkulapeta >>Alikam >>Arasavilli >>Balaga >>Chilukapalem >>Dharmavaram >>Gujarathipeta >>Hb Colony >>Kalivaram >>Kallepalli >>Karajada >>Muddada >>Murapaka Kuppili >>New Colony Skl >>Old Bus Stand >>Peddapadu >>Ponnada >>Ragolu >>Sm Puram >>Srikakulam >>Srikakulam >>Srikurmam >>Tadivalasa >>Tholapi

MICR code for Andhra Pradesh Grameena Vikas Bank Arasavilli

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 Arasavilli 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. 532806005 is the MICR code of Andhra Pradesh Grameena Vikas Bank for Arasavilli branch. MICR code for Arasavilli 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 Arasavilli is presented in the table alongside.

Use of APGVB MICR code for Arasavilli branch in srikakulam

The MICR code 532806005 is used in RBI cheque clearing process to identify the branch Arasavilli 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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