Syndicate Bank Vijayawada Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Vijayawada Krishna Andhra Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Cao Vijayawada
Contact 0866-2570708
Bank Details Syndicate Bank Cao Vijayawada SYNB0003369
Location Vijayawada, Krishna
City Vijayawada
District Krishna
State Andhra Pradesh
Pincode 520003
Country IN
Address D no 26 - 2 - 69 rajlok complex, andhra ratna road, gandhi nagar, vijayawada, pin 520003
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 520025009 for Cao 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 520025009 of Syndicate Bank, Cao Vijayawada branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Cao Vijayawada branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Cao 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 Cao 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. 520025009 is the MICR code of Syndicate Bank for Cao Vijayawada branch. MICR code for Cao 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 Cao Vijayawada is presented in the table alongside.

Use of Syndicate Bank MICR code for Cao Vijayawada branch in vijayawada

The MICR code 520025009 is used in RBI cheque clearing process to identify the branch Cao 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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