Andhra Pradesh Grameena Vikas Bank Pathapatnam Srikakulam Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Pathapatnam Srikakulam 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 Kurigam
Contact 9490157047
Bank Details Andhra Pradesh Grameena Vikas Bank Kurigam APGV0001155
Location Pathapatnam, Srikakulam
City Pathapatnam
District Srikakulam
State Andhra Pradesh
Pincode 532457
Country IN
Address Kurigam 1155,via nivagam, srikakulam dist,pin 532 457
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 Kurigam 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, Kurigam branch makes the system almost error free and faster. Use of APGVB MICR codes for Kurigam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Korasavada >>Kurigam >>Meliaputti >>Pathapatnam >>Seedhi >>Temburu

MICR code for Andhra Pradesh Grameena Vikas Bank Kurigam

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

Use of APGVB MICR code for Kurigam branch in pathapatnam

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