Syndicate Bank Vijaywada Vijaywada Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Vijaywada Vijaywada Andhra Pradesh

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MICR Code	520025017
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ajit Singh Nagar Vijayawada
Contact
Bank Details	Syndicate Bank Ajit Singh Nagar Vijayawada SYNB0003757

Location	Vijaywada, Vijaywada
City	Vijaywada
District	Vijaywada
State	Andhra Pradesh
Pincode	520015
Country	IN
Address	Syndicate bank,77-16-7, payakapuram,ajithsingh nagar,vijayawada,andhra pradesh,520015

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 520025017 for Ajit Singh Nagar Vijayawada 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 520025017 of Syndicate Bank, Ajit Singh Nagar Vijayawada branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Ajit Singh Nagar Vijayawada 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 -

>>Ajit Singh Nagar Vijayawada

MICR code for Syndicate Bank Ajit Singh Nagar Vijayawada

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 Ajit Singh Nagar Vijayawada 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. 520025017 is the MICR code of Syndicate Bank for Ajit Singh Nagar Vijayawada branch. MICR code for Ajit Singh Nagar Vijayawada 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 Ajit Singh Nagar Vijayawada is presented in the table alongside.

Use of Syndicate Bank MICR code for Ajit Singh Nagar Vijayawada branch in vijaywada

The MICR code 520025017 is used in RBI cheque clearing process to identify the branch Ajit Singh Nagar Vijayawada 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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