Andhra Pradesh Grameena Vikas Bank Sangareddy Sangareddy Telangana MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Sangareddy Sangareddy Telangana

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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 Financial Inclusion Cell
Contact 0-9490153767
Bank Details Andhra Pradesh Grameena Vikas Bank Financial Inclusion Cell APGV0009908
Location Sangareddy, Sangareddy
City Sangareddy
District Sangareddy
State Telangana
Pincode 502001
Country IN
Address Dno 5-1-128/4,2nd floor,opposite inspection bungalow,shantinagar, sangareddy 502001
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 Financial Inclusion Cell 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, Financial Inclusion Cell branch makes the system almost error free and faster. Use of APGVB MICR codes for Financial Inclusion Cell branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>By Pass Road Sangareddy >>Financial Inclusion Cell >>Malkapur X Road >>Pr Pally X Road >>Rudraram >>Sangareddy >>Sangareddy >>Shanthinagar >>Velimela

MICR code for Andhra Pradesh Grameena Vikas Bank Financial Inclusion Cell

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 Financial Inclusion Cell 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 Financial Inclusion Cell branch. MICR code for Financial Inclusion Cell 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 Financial Inclusion Cell is presented in the table alongside.

Use of APGVB MICR code for Financial Inclusion Cell branch in sangareddy

The MICR code 0 is used in RBI cheque clearing process to identify the branch Financial Inclusion Cell 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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