Andhra Pradesh Grameena Vikas Bank Lakkavarapukota Vizianagaram Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Lakkavarapukota Vizianagaram 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 Lakkavarapukota
Contact 9490157092
Bank Details Andhra Pradesh Grameena Vikas Bank Lakkavarapukota APGV0002245
Location Lakkavarapukota, Vizianagaram
City Lakkavarapukota
District Vizianagaram
State Andhra Pradesh
Pincode 535161
Country IN
Address Lakkavarapukota 2245,vizianagaram dist.pin 531 161
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 Lakkavarapukota 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, Lakkavarapukota branch makes the system almost error free and faster. Use of APGVB MICR codes for Lakkavarapukota 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 -

>>Lakkavarapukota

MICR code for Andhra Pradesh Grameena Vikas Bank Lakkavarapukota

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

Use of APGVB MICR code for Lakkavarapukota branch in lakkavarapukota

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