Saptagiri Grameena Bank Krishna Vidyadharapuram Vijayawada Andhra Pradesh MICR CODE

Find MICR Codes for Saptagiri Grameena Bank Krishna Vidyadharapuram Vijayawada Andhra Pradesh

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MICR Code
Bank Saptagiri Grameena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vidyadharapuram Vijayawada
Contact 0
Bank Details Saptagiri Grameena Bank Vidyadharapuram Vijayawada SAGB0050206
Location Krishna, Vidyadharapuram Vijayawada
City Krishna
District Vidyadharapuram Vijayawada
State Andhra Pradesh
Pincode
Country IN
Address D.no. 3-1-247/9, ramu quarry centre,kabela road, vidyadharapuram,vijayawada
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 Vidyadharapuram Vijayawada 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 Saptagiri Grameena Bank, Vidyadharapuram Vijayawada branch makes the system almost error free and faster. Use of Saptagiri Grameena Bank MICR codes for Vidyadharapuram Vijayawada branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Vidyadharapuram Vijayawada

MICR code for Saptagiri Grameena Bank Vidyadharapuram Vijayawada

Saptagiri Grameena Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Saptagiri Grameena Bank MICR code for Vidyadharapuram Vijayawada 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 Saptagiri Grameena Bank for Vidyadharapuram Vijayawada branch. MICR code for Vidyadharapuram Vijayawada 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 Saptagiri Grameena Bank Vidyadharapuram Vijayawada is presented in the table alongside.

Use of Saptagiri Grameena Bank MICR code for Vidyadharapuram Vijayawada branch in krishna

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vidyadharapuram Vijayawada and Saptagiri Grameena Bank 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 Saptagiri Grameena Bank is typically in either of these two font’s: E-138 and CMC-7.

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