Andhra Pradesh Grameena Vikas Bank Kodangal Vikarabad Telangana MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Kodangal Vikarabad Telangana

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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	Ravulapally
Contact	9985247632
Bank Details	Andhra Pradesh Grameena Vikas Bank Ravulapally APGV0007206

Location	Kodangal, Vikarabad
City	Kodangal
District	Vikarabad
State	Telangana
Pincode	501203
Country	IN
Address	Plot no. 1, mahalaxmi temple, ravalpally, ravalpally, 509336

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

A total of 2 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Kodangal >>Ravulapally

MICR code for Andhra Pradesh Grameena Vikas Bank Ravulapally

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

Use of APGVB MICR code for Ravulapally branch in kodangal

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