Andhra Pradesh Grameena Vikas Bank Kollapur Nagarkurnool Telangana MICR CODE

Find MICR Codes for Andhra Pradesh Grameena Vikas Bank Kollapur Nagarkurnool 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	Singavatnam
Contact	9490157325
Bank Details	Andhra Pradesh Grameena Vikas Bank Singavatnam APGV0007137

Location	Kollapur, Nagarkurnool
City	Kollapur
District	Nagarkurnool
State	Telangana
Pincode	509107
Country	IN
Address	Singavatnam 7137,kollapur tq,mahabubnagar dist. Pin 509 107

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

A total of 3 branches of Andhra Pradesh Grameena Vikas Bank are available with micr code -

>>Kollapur >>Pentlavelly >>Singavatnam

MICR code for Andhra Pradesh Grameena Vikas Bank Singavatnam

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

Use of APGVB MICR code for Singavatnam branch in kollapur

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