Andhra Pradesh Grameena Vikas Bank Yellamanchili Visakhapatnam Andhra Pradesh MICR CODE

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

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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 Bhogapuram
Contact 9490157127
Bank Details Andhra Pradesh Grameena Vikas Bank Bhogapuram APGV0003326
Location Yellamanchili, Visakhapatnam
City Yellamanchili
District Visakhapatnam
State Andhra Pradesh
Pincode 535216
Country IN
Address Bhogapuram 3326,post dharapalem,visakapatnam dist. Pin 531 216
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 Bhogapuram 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, Bhogapuram branch makes the system almost error free and faster. Use of APGVB MICR codes for Bhogapuram branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Bhogapuram >>Narsingibilli >>S.Rayavaram >>Yellamanchili

MICR code for Andhra Pradesh Grameena Vikas Bank Bhogapuram

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

Use of APGVB MICR code for Bhogapuram branch in yellamanchili

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