Andhra Pragathi Grameena Bank Ongole Prakasam Andhra Pradesh MICR CODE

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

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MICR Code	523703014
Bank	Andhra Pragathi Grameena Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Throvagunta
Contact	9491308341
Bank Details	Andhra Pragathi Grameena Bank Throvagunta APGB0005205

Location	Ongole, Prakasam
City	Ongole
District	Prakasam
State	Andhra Pradesh
Pincode	523262
Country	IN
Address	D.no.2-13, main road, throvagunta vil & po, ongole mandal, prakasam district pin- 523 262

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 523703014 for Throvagunta 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 523703014 of APGB, Throvagunta branch makes the system almost error free and faster. Use of APGB MICR codes for Throvagunta 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 Throvagunta

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 Throvagunta 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. 523703014 is the MICR code of Andhra Pragathi Bank for Throvagunta branch. MICR code for Throvagunta 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 Throvagunta is presented in the table alongside.

Use of APGB MICR code for Throvagunta branch in ongole

The MICR code 523703014 is used in RBI cheque clearing process to identify the branch Throvagunta 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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