Andhra Pradesh Grameena Vikas Bank Khammam Khammam Telangana MICR CODE

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

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MICR Code	507806005
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	Gm Road
Contact	9490157219
Bank Details	Andhra Pradesh Grameena Vikas Bank Gm Road APGV0004172

Location	Khammam, Khammam
City	Khammam
District	Khammam
State	Telangana
Pincode	507002
Country	IN
Address	Grain market road 4172,mandal khammam,dist khammam. Pin 507 003

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 507806005 for Gm Road 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 507806005 of APGVB, Gm Road branch makes the system almost error free and faster. Use of APGVB MICR codes for Gm Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 23 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Chinthakani >>Church Road >>Gm Road >>Kampelly >>Khammam >>Khammam >>Konijerla >>Nagulavancha >>Palair >>Pandithapuram >>Pandurangapuram >>Patharlapadu >>Pedhagopathy >>Prakash Nagar >>Proddutur >>Psr Road >>Raparthynagar >>Srinagar Colony >>Sublaid >>Thanikella >>Thirumalayapalem >>Warangal X Road >>Yellandu X Road

MICR code for Andhra Pradesh Grameena Vikas Bank Gm Road

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 Gm Road 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. 507806005 is the MICR code of Andhra Pradesh Grameena Vikas Bank for Gm Road branch. MICR code for Gm Road 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 Gm Road is presented in the table alongside.

Use of APGVB MICR code for Gm Road branch in khammam

The MICR code 507806005 is used in RBI cheque clearing process to identify the branch Gm Road 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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