MICR Code: 515703623

Bank: Andhra Pragathi Grameena Bank
IFSC Code: Apgb0001003
MICR Code: 515703623
Address: Muddinayanipalli-515761 Kalyanadurg Mandal Anantapur District
City: Anantapur
District: Muddinayanipalli
State: Andhra Pradesh

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 515703623.

  • In this case first three codes 515 is city code and it represents city Anantapur.
  • Next three characters 703 represents bank Andhra Pragathi Grameena Bank.
  • Remaining characters which are 623 represents branch. In our case branch is located at address Muddinayanipalli-515761 Kalyanadurg Mandal Anantapur District.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.