Syndicate Bank Hyderabad Secunderabad Cantonment Telangana MICR CODE

Find MICR Codes for Syndicate Bank Hyderabad Secunderabad Cantonment Telangana

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch A S Rao Nagar Kapra Secunderabad
Contact 23393970
Bank Details Syndicate Bank A S Rao Nagar Kapra Secunderabad SYNB0003432
Location Hyderabad, Secunderabad Cantonment
City Hyderabad
District Secunderabad Cantonment
State Telangana
Pincode 500062
Country IN
Address Syndicate bank,a s rao nagar branch h no 1 1 262 87,srinivasa nagar a s rao nagar,kapra secunderabad telangana india 500062
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 0 for A S Rao Nagar Kapra Secunderabad 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 0 of Syndicate Bank, A S Rao Nagar Kapra Secunderabad branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for A S Rao Nagar Kapra Secunderabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Syndicate Bank are available with micr code -

>>A S Rao Nagar Kapra Secunderabad

MICR code for Syndicate Bank A S Rao Nagar Kapra Secunderabad

Syndicate Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Syndicate Bank MICR code for A S Rao Nagar Kapra Secunderabad 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. 0 is the MICR code of Syndicate Bank for A S Rao Nagar Kapra Secunderabad branch. MICR code for A S Rao Nagar Kapra Secunderabad 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 Syndicate Bank A S Rao Nagar Kapra Secunderabad is presented in the table alongside.

Use of Syndicate Bank MICR code for A S Rao Nagar Kapra Secunderabad branch in hyderabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch A S Rao Nagar Kapra Secunderabad and Syndicate 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 Syndicate Bank is typically in either of these two font’s: E-138 and CMC-7.

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