Andhra Pragathi Grameena Bank Kandukur Prakasam Andhra Pradesh MICR CODE

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

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MICR Code	523703684
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	Veera Raghavuni Kota
Contact	9491308340
Bank Details	Andhra Pragathi Grameena Bank Veera Raghavuni Kota APGB0005206

Location	Kandukur, Prakasam
City	Kandukur
District	Prakasam
State	Andhra Pradesh
Pincode	523113
Country	IN
Address	V.r.kota-523113 h.no:4-43-a,veera raghavuni kota v & post linga samudram mandal, prakasam (d)

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 523703684 for Veera Raghavuni Kota 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 523703684 of APGB, Veera Raghavuni Kota branch makes the system almost error free and faster. Use of APGB MICR codes for Veera Raghavuni Kota branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Andhra Pragathi Grameena Bank are available with micr code -

>>Kandukur >>Kandukur Kanigiri Road >>Veera Raghavuni Kota

MICR code for Andhra Pragathi Grameena Bank Veera Raghavuni Kota

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 Veera Raghavuni Kota 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. 523703684 is the MICR code of Andhra Pragathi Bank for Veera Raghavuni Kota branch. MICR code for Veera Raghavuni Kota 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 Veera Raghavuni Kota is presented in the table alongside.

Use of APGB MICR code for Veera Raghavuni Kota branch in kandukur

The MICR code 523703684 is used in RBI cheque clearing process to identify the branch Veera Raghavuni Kota 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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