Andhra Pradesh Grameena Vikas Bank Yellandu Bhadradri Kothagudem Telangana MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Yellandu Bhadradri Kothagudem 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 Jagadamba Centre Yellandu
Contact 8331010407
Bank Details Andhra Pradesh Grameena Vikas Bank Jagadamba Centre Yellandu APGV0004189
Location Yellandu, Bhadradri Kothagudem
City Yellandu
District Bhadradri Kothagudem
State Telangana
Pincode 507123
Country IN
Address H. No. 419, government hospital road, jagadamba centre, yellandu, 507123
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 Jagadamba Centre Yellandu 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, Jagadamba Centre Yellandu branch makes the system almost error free and faster. Use of APGVB MICR codes for Jagadamba Centre Yellandu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Jagadamba Centre Yellandu >>Yellandu

MICR code for Andhra Pradesh Grameena Vikas Bank Jagadamba Centre Yellandu

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 Jagadamba Centre Yellandu 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 Jagadamba Centre Yellandu branch. MICR code for Jagadamba Centre Yellandu 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 Jagadamba Centre Yellandu is presented in the table alongside.

Use of APGVB MICR code for Jagadamba Centre Yellandu branch in yellandu

The MICR code 0 is used in RBI cheque clearing process to identify the branch Jagadamba Centre Yellandu 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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