Andhra Pradesh Grameena Vikas Bank Narasannapeta Srikakulam Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Narasannapeta Srikakulam Andhra Pradesh

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MICR Code	-NA-
Bank	Andhra Pradesh Grameena Vikas Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nimmada
Contact	8331010440
Bank Details	Andhra Pradesh Grameena Vikas Bank Nimmada APGV0001173

Location	Narasannapeta, Srikakulam
City	Narasannapeta
District	Srikakulam
State	Andhra Pradesh
Pincode	532421
Country	IN
Address	Nimmada, kotabommali (m), srikakulam(d) 532430

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 Nimmada 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, Nimmada branch makes the system almost error free and faster. Use of APGVB MICR codes for Nimmada branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Borubhadra >>Budithi >>Jalamuru >>Mabbagam >>Narasannapeta >>Nimmada >>Pinnintipeta >>Polaki >>Priyaagraharam >>Srimukhalingam >>Tilaru >>Urlam

MICR code for Andhra Pradesh Grameena Vikas Bank Nimmada

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

Use of APGVB MICR code for Nimmada branch in narasannapeta

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