MICR Code: 524703004

Bank: Andhra Pragathi Grameena Bank
IFSC Code: Apgb0004112
MICR Code: 524703004
Address: Nellore A.K. Nagar Branch Opp: District Head Quarterts Hospital, Nellore, Nellore District. Pin 524004
City: Nellore
District: Nellore
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 524703004.

  • In this case first three codes 524 is city code and it represents city Nellore.
  • Next three characters 703 represents bank Andhra Pragathi Grameena Bank.
  • Remaining characters which are 004 represents branch. In our case branch is located at address Nellore A.K. Nagar Branch Opp: District Head Quarterts Hospital, Nellore, Nellore District. Pin 524004.

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.