Andhra Pradesh Grameena Vikas Bank Wanaparthy Wanaparthy Telangana MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Wanaparthy Wanaparthy 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 Pedda Mandadi
Contact 9490157315
Bank Details Andhra Pradesh Grameena Vikas Bank Pedda Mandadi APGV0007124
Location Wanaparthy, Wanaparthy
City Wanaparthy
District Wanaparthy
State Telangana
Pincode 509381
Country IN
Address Pedda mandadi 7124,kothakota via,mahabubnagar dist. Pin 509 381
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 Pedda Mandadi 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, Pedda Mandadi branch makes the system almost error free and faster. Use of APGVB MICR codes for Pedda Mandadi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Gc Wanaparthy >>Gopalpet >>Kadukuntla >>Killaghnapur >>Pedda Mandadi >>Remaddula >>Wanaparthy

MICR code for Andhra Pradesh Grameena Vikas Bank Pedda Mandadi

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 Pedda Mandadi 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 Pedda Mandadi branch. MICR code for Pedda Mandadi 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 Pedda Mandadi is presented in the table alongside.

Use of APGVB MICR code for Pedda Mandadi branch in wanaparthy

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