Andhra Pradesh Grameena Vikas Bank Gadwal Gadwal Jogulamaba Telangana MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Gadwal Gadwal Jogulamaba Telangana

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MICR Code	509806352
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	Gadwal
Contact	9440903948
Bank Details	Andhra Pradesh Grameena Vikas Bank Gadwal APGV0007168

Location	Gadwal, Gadwal Jogulamaba
City	Gadwal
District	Gadwal Jogulamaba
State	Telangana
Pincode	509125
Country	IN
Address	H.no.710117/1,rajiv marg,gadwal,509125

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 509806352 for Gadwal 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 509806352 of APGVB, Gadwal branch makes the system almost error free and faster. Use of APGVB MICR codes for Gadwal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Dharur >>Elkur >>Gadwal >>Kr Road Gadwal >>Sasanool

MICR code for Andhra Pradesh Grameena Vikas Bank Gadwal

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 Gadwal 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. 509806352 is the MICR code of Andhra Pradesh Grameena Vikas Bank for Gadwal branch. MICR code for Gadwal 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 Gadwal is presented in the table alongside.

Use of APGVB MICR code for Gadwal branch in gadwal

The MICR code 509806352 is used in RBI cheque clearing process to identify the branch Gadwal 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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