Syndicate Bank Atmakur Anantapur Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Atmakur Anantapur Andhra Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Atmakur
Contact 08554-250225
Bank Details Syndicate Bank Atmakur SYNB0003127
Location Atmakur, Anantapur
City Atmakur
District Anantapur
State Andhra Pradesh
Pincode 515751
Country IN
Address 7/71, upstairs,main road,atmakur.pin-515 751
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 515025404 for Atmakur 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 515025404 of Syndicate Bank, Atmakur branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Atmakur 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 -

>>Atmakur

MICR code for Syndicate Bank Atmakur

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 Atmakur 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. 515025404 is the MICR code of Syndicate Bank for Atmakur branch. MICR code for Atmakur 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 Atmakur is presented in the table alongside.

Use of Syndicate Bank MICR code for Atmakur branch in atmakur

The MICR code 515025404 is used in RBI cheque clearing process to identify the branch Atmakur 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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