Andhra Pradesh Grameena Vikas Bank Galavalli Vizianagaram Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Galavalli 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 Galavalli
Contact 9490157102
Bank Details Andhra Pradesh Grameena Vikas Bank Galavalli APGV0002258
Location Galavalli, Vizianagaram
City Galavalli
District Vizianagaram
State Andhra Pradesh
Pincode 532122
Country IN
Address Galavilli 2258, via unukuru ,vizianagaram dist. Pin 532 122
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 Galavalli 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, Galavalli branch makes the system almost error free and faster. Use of APGVB MICR codes for Galavalli 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 -

>>Galavalli

MICR code for Andhra Pradesh Grameena Vikas Bank Galavalli

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

Use of APGVB MICR code for Galavalli branch in galavalli

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