Syndicate Bank Ammanabrole Prakasam Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Ammanabrole Prakasam Andhra Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ammanabrole
Contact
Bank Details Syndicate Bank Ammanabrole SYNB0003664
Location Ammanabrole, Prakasam
City Ammanabrole
District Prakasam
State Andhra Pradesh
Pincode 523180
Country IN
Address Door no.12/94b,main road,near bus stop,ammanabrole,,prakasam dist, pin 523 180
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 Ammanabrole 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, Ammanabrole branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Ammanabrole 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 -

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MICR code for Syndicate Bank Ammanabrole

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 Ammanabrole 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 Ammanabrole branch. MICR code for Ammanabrole 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 Ammanabrole is presented in the table alongside.

Use of Syndicate Bank MICR code for Ammanabrole branch in ammanabrole

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ammanabrole 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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