Andhra Pragathi Grameena Bank Ongole Prakasam Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Pragathi Grameena Bank Ongole Prakasam Andhra Pradesh

↻ Reload
MICR Code
Bank Andhra Pragathi Grameena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gandhi Bazar Ongole
Contact 08592-281369
Bank Details Andhra Pragathi Grameena Bank Gandhi Bazar Ongole APGB0005204
Location Ongole, Prakasam
City Ongole
District Prakasam
State Andhra Pradesh
Pincode 523001
Country IN
Address Gandhi bazar-523001, d.no:26-1-67/68, pappu bazar, gandhi road, ongole, prakasam(dist)
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 Gandhi Bazar Ongole 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 APGB, Gandhi Bazar Ongole branch makes the system almost error free and faster. Use of APGB MICR codes for Gandhi Bazar Ongole branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Andhra Pragathi Grameena Bank are available with micr code -

>>Alluru >>Gandhi Bazar Ongole >>Inamanamellore >>Marlapadu >>Mungamur Road Ongole Branch >>Ongole Housing Board Colony >>Ongole Kammapalem >>Ongole Main >>Ongole Market Centre >>Ongole Ro >>Pernamitta >>Throvagunta >>Ulchi

MICR code for Andhra Pragathi Grameena Bank Gandhi Bazar Ongole

Andhra Pragathi Grameena Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. APGB MICR code for Gandhi Bazar Ongole 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 Pragathi Bank for Gandhi Bazar Ongole branch. MICR code for Gandhi Bazar Ongole 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 APGB Gandhi Bazar Ongole is presented in the table alongside.

Use of APGB MICR code for Gandhi Bazar Ongole branch in ongole

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gandhi Bazar Ongole and APGB 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 Pragathi Bank is typically in either of these two font’s: E-138 and CMC-7.

Copied!