Andhra Pradesh Grameena Vikas Bank Jadcherla Mahabubanagar Telangana MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Jadcherla Mahabubanagar Telangana

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MICR Code	509806683
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	Badepally
Contact	9490157465
Bank Details	Andhra Pradesh Grameena Vikas Bank Badepally APGV0007173

Location	Jadcherla, Mahabubanagar
City	Jadcherla
District	Mahabubanagar
State	Telangana
Pincode	509301
Country	IN
Address	Badepally 7173,netaji chowk,mahabubnagar dist. Pin 509 301

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 509806683 for Badepally 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 509806683 of APGVB, Badepally branch makes the system almost error free and faster. Use of APGVB MICR codes for Badepally branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Badepally >>Balanagar >>Gangapur >>Jadcherla >>Midzil >>Ngkl Road Badepally >>Pedda Adiryala >>Rajapur

MICR code for Andhra Pradesh Grameena Vikas Bank Badepally

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 Badepally 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. 509806683 is the MICR code of Andhra Pradesh Grameena Vikas Bank for Badepally branch. MICR code for Badepally 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 Badepally is presented in the table alongside.

Use of APGVB MICR code for Badepally branch in jadcherla

The MICR code 509806683 is used in RBI cheque clearing process to identify the branch Badepally 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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