Andhra Pragathi Grameena Bank Toorpu Gangavaram Prakasam Andhra Pradesh MICR CODE

Find MICR Codes for Andhra Pragathi Grameena Bank Toorpu Gangavaram Prakasam 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 Toorpu Gangavaram
Contact 9494038784
Bank Details Andhra Pragathi Grameena Bank Toorpu Gangavaram APGB0005227
Location Toorpu Gangavaram, Prakasam
City Toorpu Gangavaram
District Prakasam
State Andhra Pradesh
Pincode 523167
Country IN
Address Door no 7/201 toorpu gangavaram talluru mandal 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 Toorpu Gangavaram 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, Toorpu Gangavaram branch makes the system almost error free and faster. Use of APGB MICR codes for Toorpu Gangavaram 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 -

>>Toorpu Gangavaram

MICR code for Andhra Pragathi Grameena Bank Toorpu Gangavaram

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 Toorpu Gangavaram 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 Toorpu Gangavaram branch. MICR code for Toorpu Gangavaram 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 Toorpu Gangavaram is presented in the table alongside.

Use of APGB MICR code for Toorpu Gangavaram branch in toorpu gangavaram

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