Syndicate Bank Guntur Guntur Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Guntur Guntur Andhra Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Guntur Amaravathi Road
Contact 2496119
Bank Details Syndicate Bank Guntur Amaravathi Road SYNB0003294
Location Guntur, Guntur
City Guntur
District Guntur
State Andhra Pradesh
Pincode 522007
Country IN
Address Syndicate bank,house of korrapati sambasiva rao,d no 64/3 of gorantla block no 9,annapurna nagar guntur ap india 522007
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 520025111 for Guntur Amaravathi Road 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 520025111 of Syndicate Bank, Guntur Amaravathi Road branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Guntur Amaravathi Road branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Guntur Amaravathi Road

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 Guntur Amaravathi Road 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. 520025111 is the MICR code of Syndicate Bank for Guntur Amaravathi Road branch. MICR code for Guntur Amaravathi Road 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 Guntur Amaravathi Road is presented in the table alongside.

Use of Syndicate Bank MICR code for Guntur Amaravathi Road branch in guntur

The MICR code 520025111 is used in RBI cheque clearing process to identify the branch Guntur Amaravathi Road 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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