Andhra Pradesh State Co-operative Bank Akividu
Akividu · Eluru, Andhra Pradesh
534837722 is the MICR code for the Akividu branch of Andhra Pradesh State Co-operative Bank, located in Eluru, Andhra Pradesh. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code APBL0005003.
Bank
Andhra Pradesh State Co-operative Bank
Branch & Address
Akividu
Near Sbi, Akiveedu
Eluru, Akividu, Andhra Pradesh
Contact
+918816252141MICR Code Structure
534
City
837
Bank
722
Branch
City code 534 identifies the RBI clearing centre, bank code 837 identifies Andhra Pradesh State Co-operative Bank, and branch code 722 identifies this specific branch.
Online Payment Methods Supported
Other Andhra Pradesh State Co-operative Bank branches near Eluru
Other banks in Eluru, Andhra Pradesh
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (APBL0005003) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 534837722 is in the middle, and your account number is on the right.