Syndicate Bank Daggubadu Prakasham Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Daggubadu Prakasham Andhra Pradesh

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MICR Code	523025996
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Daggubadu
Contact
Bank Details	Syndicate Bank Daggubadu SYNB0003706

Location	Daggubadu, Prakasham
City	Daggubadu
District	Prakasham
State	Andhra Pradesh
Pincode	523190
Country	IN
Address	Satellite branch,karamchdu mandal ,prakasham district,daggubadu-523190

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 523025996 for Daggubadu 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 523025996 of Syndicate Bank, Daggubadu branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Daggubadu 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 -

>>Daggubadu

MICR code for Syndicate Bank Daggubadu

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 Daggubadu 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. 523025996 is the MICR code of Syndicate Bank for Daggubadu branch. MICR code for Daggubadu 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 Daggubadu is presented in the table alongside.

Use of Syndicate Bank MICR code for Daggubadu branch in daggubadu

The MICR code 523025996 is used in RBI cheque clearing process to identify the branch Daggubadu 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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