Andhra Pradesh Grameena Vikas Bank Jangaon Jangaon Telangana MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Jangaon Jangaon 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 Nidigonda
Contact 8332988665
Bank Details Andhra Pradesh Grameena Vikas Bank Nidigonda APGV0005167
Location Jangaon, Jangaon
City Jangaon
District Jangaon
State Telangana
Pincode 506244
Country IN
Address Nidigonda,raghunath pally(mandal),warangal dist 506244
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 Nidigonda 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, Nidigonda branch makes the system almost error free and faster. Use of APGVB MICR codes for Nidigonda branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Bachannapet >>Gundala Nlg >>Jangaon >>Jangaon Ii Court Road Br >>Lingalaghanpur >>Nidigonda >>Raghunathpally >>Tharigoppula

MICR code for Andhra Pradesh Grameena Vikas Bank Nidigonda

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

Use of APGVB MICR code for Nidigonda branch in jangaon

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