Andhra Pradesh Grameena Vikas Bank Visakhapatnam Visakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Visakhapatnam Visakhapatnam 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	Railway New Colony
Contact	8331043842
Bank Details	Andhra Pradesh Grameena Vikas Bank Railway New Colony APGV0003402

Location	Visakhapatnam, Visakhapatnam
City	Visakhapatnam
District	Visakhapatnam
State	Andhra Pradesh
Pincode	442734
Country	IN
Address	H.no.442734, r.k towers, beside shivalayam , railway new colony, railway new colony, 530016

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

A total of 42 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Adivivaram >>Akkayyapalem >>Allipuram >>Arilova >>Baji Jun >>Bheemunipatnam >>Chinagantyada >>Chinamushidivada >>Chinna Waltair >>Chittivalasa >>Dabagardens >>H.B.Colony Vsp >>Kailasapuram >>Kancharapalem >>Kommadi >>Kurmannapalem >>Lankelapalem >>Maddilapalem >>Madhurawada >>Maharanipeta >>Murali Nagar >>Mvp Colony >>Narava >>Nathayyapalem >>P.M.Palem >>Padmanabham >>Pedagantyada >>R.K.Beach >>Railway New Colony >>Ramnagar >>Sagarnagar >>Sare Palli >>Seetammadara >>Seethampeta V >>Sontyam >>Sriharipuram >>Sujathanagar >>Tallavalasa >>Town Kotha Road >>Vemulavalasa >>Vishalakshi Nagar >>Yendada

MICR code for Andhra Pradesh Grameena Vikas Bank Railway New Colony

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 Railway New Colony 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 Railway New Colony branch. MICR code for Railway New Colony 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 Railway New Colony is presented in the table alongside.

Use of APGVB MICR code for Railway New Colony branch in visakhapatnam

The MICR code 0 is used in RBI cheque clearing process to identify the branch Railway New Colony 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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