Andhra Pradesh Grameena Vikas Bank Hanamkonda Warangal Urban Telangana MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Hanamkonda Warangal Urban 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 Madikonda
Contact 8331010405
Bank Details Andhra Pradesh Grameena Vikas Bank Madikonda APGV0005161
Location Hanamkonda, Warangal Urban
City Hanamkonda
District Warangal Urban
State Telangana
Pincode 506331
Country IN
Address Hno2256/4,main road,madikonda,nehrunagar street,hanamkonda,warangal(d) 506331
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 Madikonda 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, Madikonda branch makes the system almost error free and faster. Use of APGVB MICR codes for Madikonda branch, makes the characters readable even if there are other marks and stamps on it.

A total of 20 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Bheemaram >>D.P.O. >>Damera >>Dharmasagar >>Fortwarangal >>Gopalpur >>Hanamkonda >>Hasanparthy >>Kashibugga >>Khazipet >>Kumarpally >>Madikonda >>Mamnoor >>Mucherla >>Newshayampet >>Ngos Colony >>Ramnagar >>Rangasaipet >>Warangal Julywada >>Yadavanager

MICR code for Andhra Pradesh Grameena Vikas Bank Madikonda

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

Use of APGVB MICR code for Madikonda branch in hanamkonda

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