Andhra Pragathi Grameena Bank Mantralayam Kurnool Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Pragathi Grameena Bank Mantralayam Kurnool 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 Mantralayam
Contact 08512-279432
Bank Details Andhra Pragathi Grameena Bank Mantralayam APGB0003036
Location Mantralayam, Kurnool
City Mantralayam
District Kurnool
State Andhra Pradesh
Pincode 518345
Country IN
Address Mantralayam mandal, kurnool district, mantralayam - 518345
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 Mantralayam 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, Mantralayam branch makes the system almost error free and faster. Use of APGB MICR codes for Mantralayam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Andhra Pragathi Grameena Bank are available with micr code -

>>Mantralayam

MICR code for Andhra Pragathi Grameena Bank Mantralayam

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

Use of APGB MICR code for Mantralayam branch in mantralayam

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