Syndicate Bank Gudur Nellore Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Gudur Nellore Andhra Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gudur (Andhra Pradesh)
Contact
Bank Details Syndicate Bank Gudur (Andhra Pradesh) SYNB0003478
Location Gudur, Nellore
City Gudur
District Nellore
State Andhra Pradesh
Pincode 524101
Country IN
Address D.no. 197, raja street,,,gudur,,nellore,andhra pradesh,524 101
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 Gudur (Andhra Pradesh) 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, Gudur (Andhra Pradesh) branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Gudur (Andhra Pradesh) 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 -

>>Gudur (Andhra Pradesh)

MICR code for Syndicate Bank Gudur (Andhra Pradesh)

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 Gudur (Andhra Pradesh) 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 Gudur (Andhra Pradesh) branch. MICR code for Gudur (Andhra Pradesh) 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 Gudur (Andhra Pradesh) is presented in the table alongside.

Use of Syndicate Bank MICR code for Gudur (Andhra Pradesh) branch in gudur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gudur (Andhra Pradesh) 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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