Syndicate Bank Gooty Anantapur Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Gooty Anantapur Andhra Pradesh

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MICR Code	515025407
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Gooty
Contact	08552-252270
Bank Details	Syndicate Bank Gooty SYNB0003126

Location	Gooty, Anantapur
City	Gooty
District	Anantapur
State	Andhra Pradesh
Pincode	515401
Country	IN
Address	Anantapur road,near old bus stand,gootypin-515 401

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 515025407 for Gooty 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 515025407 of Syndicate Bank, Gooty branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Gooty 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 -

>>Gooty

MICR code for Syndicate Bank Gooty

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 Gooty 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. 515025407 is the MICR code of Syndicate Bank for Gooty branch. MICR code for Gooty 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 Gooty is presented in the table alongside.

Use of Syndicate Bank MICR code for Gooty branch in gooty

The MICR code 515025407 is used in RBI cheque clearing process to identify the branch Gooty 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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