Andhra Pradesh Grameena Vikas Bank Chinthada Vizianagaram Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Chinthada Vizianagaram 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 Chinthada
Contact 9490157064
Bank Details Andhra Pradesh Grameena Vikas Bank Chinthada APGV0002212
Location Chinthada, Vizianagaram
City Chinthada
District Vizianagaram
State Andhra Pradesh
Pincode 535558
Country IN
Address Chinthada 2212,vizianagaram dist,pin 532 564
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 Chinthada 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, Chinthada branch makes the system almost error free and faster. Use of APGVB MICR codes for Chinthada 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 -

>>Chinthada

MICR code for Andhra Pradesh Grameena Vikas Bank Chinthada

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

Use of APGVB MICR code for Chinthada branch in chinthada

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