Andhra Pradesh Grameena Vikas Bank Komuravelly Siddipet Telangana MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Komuravelly Siddipet 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 Komuravelly
Contact 7382620371
Bank Details Andhra Pradesh Grameena Vikas Bank Komuravelly APGV0005118
Location Komuravelly, Siddipet
City Komuravelly
District Siddipet
State Telangana
Pincode 506355
Country IN
Address Komuravelly 5118,via. Marrimuchal, mdl cherial,dist warangal. Pin 506 355
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 Komuravelly 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, Komuravelly branch makes the system almost error free and faster. Use of APGVB MICR codes for Komuravelly 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 -

>>Komuravelly

MICR code for Andhra Pradesh Grameena Vikas Bank Komuravelly

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

Use of APGVB MICR code for Komuravelly branch in komuravelly

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