Catholic Syrian Bank Visakhapatnam Pedagummaluru Addaroad Andhra Pradesh MICR CODE

Find MICR Codes for Catholic Syrian Bank Visakhapatnam Pedagummaluru Addaroad 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 Pedagummaluru Addaroad
Contact 0
Bank Details Catholic Syrian Bank Ltd Pedagummaluru Addaroad CSBK0000561
Location Visakhapatnam, Pedagummaluru Addaroad
City Visakhapatnam
District Pedagummaluru Addaroad
State Andhra Pradesh
Pincode 531083
Country IN
Address First floor, d no 6 168, pedagummaluru addaraod junction, s rayavaram mandal, vishakaptanam, ap 531083
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 531047005 for Pedagummaluru Addaroad 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 531047005 of CSB Bank, Pedagummaluru Addaroad branch makes the system almost error free and faster. Use of CSB Bank MICR codes for Pedagummaluru Addaroad 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 -

>>Pedagummaluru Addaroad

MICR code for Catholic Syrian Bank Pedagummaluru Addaroad

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 Pedagummaluru Addaroad 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. 531047005 is the MICR code of Syrian Bank for Pedagummaluru Addaroad branch. MICR code for Pedagummaluru Addaroad 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 Pedagummaluru Addaroad is presented in the table alongside.

Use of CSB Bank MICR code for Pedagummaluru Addaroad branch in visakhapatnam

The MICR code 531047005 is used in RBI cheque clearing process to identify the branch Pedagummaluru Addaroad 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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