Andhra Pradesh Grameena Vikas Bank Visakhapatnam Visakhapatnam Andhra Pradesh MICR CODE

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

↻ Reload
MICR Code
Bank Andhra Pradesh Grameena Vikas Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kurmannapalem
Contact 9490157139
Bank Details Andhra Pradesh Grameena Vikas Bank Kurmannapalem APGV0003340
Location Visakhapatnam, Visakhapatnam
City Visakhapatnam
District Visakhapatnam
State Andhra Pradesh
Pincode 530046
Country IN
Address Kurmannapalem 3340,visakapatnam dist.pin 530 046
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 530806009 for Kurmannapalem 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 530806009 of APGVB, Kurmannapalem branch makes the system almost error free and faster. Use of APGVB MICR codes for Kurmannapalem branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Andhra Pradesh Grameena Vikas Bank Kurmannapalem

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 Kurmannapalem 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. 530806009 is the MICR code of Andhra Pradesh Grameena Vikas Bank for Kurmannapalem branch. MICR code for Kurmannapalem 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 Kurmannapalem is presented in the table alongside.

Use of APGVB MICR code for Kurmannapalem branch in visakhapatnam

The MICR code 530806009 is used in RBI cheque clearing process to identify the branch Kurmannapalem 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.

Copied!