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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Andhra Pragathi Grameena Bank
  4. Andhra Pradesh
  5. Racherla
  6. Prakasam
  7. MICR: 523703523

MICR Code: 523703523

Bank: Andhra Pragathi Grameena Bank
IFSC Code: Apgb0005045
MICR Code: 523703523
Address: Racherla-523368 Racherla Mandal Prakasam District
City: Prakasam
District: Racherla
State: Andhra Pradesh

What is MICR Code?

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.

Details of MICR Code

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 523703523.

  • In this case first three codes 523 is city code and it represents city Prakasam.
  • Next three characters 703 represents bank Andhra Pragathi Grameena Bank.
  • Remaining characters which are 523 represents branch. In our case branch is located at address Racherla-523368 Racherla Mandal Prakasam District.

How to find micr code (for example 523703523) from bank account number?

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.