Andhra Pradesh Grameena Vikas Bank Visakhapatnam Visakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Visakhapatnam Visakhapatnam Andhra Pradesh

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MICR Code	530806008
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	Kancharapalem
Contact	9440903923
Bank Details	Andhra Pradesh Grameena Vikas Bank Kancharapalem APGV0003301

Location	Visakhapatnam, Visakhapatnam
City	Visakhapatnam
District	Visakhapatnam
State	Andhra Pradesh
Pincode	530008
Country	IN
Address	Kancharapalem 3301,visakapatnam dist.pin 530 008

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 530806008 for Kancharapalem 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 530806008 of APGVB, Kancharapalem branch makes the system almost error free and faster. Use of APGVB MICR codes for Kancharapalem branch, makes the characters readable even if there are other marks and stamps on it.

A total of 42 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Adivivaram >>Akkayyapalem >>Allipuram >>Arilova >>Baji Jun >>Bheemunipatnam >>Chinagantyada >>Chinamushidivada >>Chinna Waltair >>Chittivalasa >>Dabagardens >>H.B.Colony Vsp >>Kailasapuram >>Kancharapalem >>Kommadi >>Kurmannapalem >>Lankelapalem >>Maddilapalem >>Madhurawada >>Maharanipeta >>Murali Nagar >>Mvp Colony >>Narava >>Nathayyapalem >>P.M.Palem >>Padmanabham >>Pedagantyada >>R.K.Beach >>Railway New Colony >>Ramnagar >>Sagarnagar >>Sare Palli >>Seetammadara >>Seethampeta V >>Sontyam >>Sriharipuram >>Sujathanagar >>Tallavalasa >>Town Kotha Road >>Vemulavalasa >>Vishalakshi Nagar >>Yendada

MICR code for Andhra Pradesh Grameena Vikas Bank Kancharapalem

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 Kancharapalem 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. 530806008 is the MICR code of Andhra Pradesh Grameena Vikas Bank for Kancharapalem branch. MICR code for Kancharapalem 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 Kancharapalem is presented in the table alongside.

Use of APGVB MICR code for Kancharapalem branch in visakhapatnam

The MICR code 530806008 is used in RBI cheque clearing process to identify the branch Kancharapalem 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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