Andhra Pragathi Grameena Bank Duvvur Cuddapah Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Pragathi Grameena Bank Duvvur Cuddapah Andhra Pradesh

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MICR Code
Bank Andhra Pragathi Grameena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gudipadu
Contact 7382633812
Bank Details Andhra Pragathi Grameena Bank Gudipadu APGB0002173
Location Duvvur, Cuddapah
City Duvvur
District Cuddapah
State Andhra Pradesh
Pincode 516175
Country IN
Address D. No. 2/34, gudipadu village & post, duvvuru mandal, y. S. R. District, pin-516 175
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 516703529 for Gudipadu 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 516703529 of APGB, Gudipadu branch makes the system almost error free and faster. Use of APGB MICR codes for Gudipadu branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Duvvur >>Gudipadu

MICR code for Andhra Pragathi Grameena Bank Gudipadu

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 Gudipadu 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. 516703529 is the MICR code of Andhra Pragathi Bank for Gudipadu branch. MICR code for Gudipadu 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 Gudipadu is presented in the table alongside.

Use of APGB MICR code for Gudipadu branch in duvvur

The MICR code 516703529 is used in RBI cheque clearing process to identify the branch Gudipadu 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.

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