Catholic Syrian Bank Annavaram East Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Catholic Syrian Bank Annavaram East Godavari Andhra Pradesh

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MICR Code
Bank Catholic Syrian Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Annavaram
Contact 0
Bank Details Catholic Syrian Bank Ltd Annavaram CSBK0000589
Location Annavaram, East Godavari
City Annavaram
District East Godavari
State Andhra Pradesh
Pincode 533406
Country IN
Address Dasari satya veni, near indian bank, railway station road, annavaram, sankhavaram mandal east godavari dist. Andhrapradesh 533406
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 533047009 for Annavaram 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 533047009 of CSB Bank, Annavaram branch makes the system almost error free and faster. Use of CSB Bank MICR codes for Annavaram branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Catholic Syrian Bank Ltd are available with micr code -

>>Annavaram

MICR code for Catholic Syrian Bank Annavaram

Catholic Syrian Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. CSB Bank MICR code for Annavaram 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. 533047009 is the MICR code of Syrian Bank for Annavaram branch. MICR code for Annavaram 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 CSB Bank Annavaram is presented in the table alongside.

Use of CSB Bank MICR code for Annavaram branch in annavaram

The MICR code 533047009 is used in RBI cheque clearing process to identify the branch Annavaram and CSB 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 Syrian Bank is typically in either of these two font’s: E-138 and CMC-7.

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