Syndicate Bank Chilmakur Cuddapah Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Chilmakur Cuddapah Andhra Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chilmakur
Contact
Bank Details Syndicate Bank Chilmakur SYNB0003210
Location Chilmakur, Cuddapah
City Chilmakur
District Cuddapah
State Andhra Pradesh
Pincode 516310
Country IN
Address Main road,chilamakur, kadapa dist pin-516 310
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 Chilmakur 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, Chilmakur branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Chilmakur 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 -

>>Chilmakur

MICR code for Syndicate Bank Chilmakur

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

Use of Syndicate Bank MICR code for Chilmakur branch in chilmakur

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