Syndicate Bank Hyderabad Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Hyderabad Hyderabad Urban Andhra Pradesh

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MICR Code	500025061
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Hyderabad Vasavi Engg College
Contact
Bank Details	Syndicate Bank Hyderabad Vasavi Engg College SYNB0003059

Location	Hyderabad, Hyderabad Urban
City	Hyderabad
District	Hyderabad Urban
State	Andhra Pradesh
Pincode	500031
Country	IN
Address	Vasavi college of engineering, 9-5-81 ibrahimbagh, hyderabad, , rangareddy, andhra pradesh, 500 031

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.

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Hyderabad Vasavi Engg College (500025061)

How does MICR code 500025061 for Hyderabad Vasavi Engg College 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 500025061 of Syndicate Bank, Hyderabad Vasavi Engg College branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Hyderabad Vasavi Engg College branch, makes the characters readable even if there are other marks and stamps on it.

A total of 38 branches of Syndicate Bank are available with micr code -

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MICR code for Syndicate Bank Hyderabad Vasavi Engg College

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 Hyderabad Vasavi Engg College 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. 500025061 is the MICR code of Syndicate Bank for Hyderabad Vasavi Engg College branch. MICR code for Hyderabad Vasavi Engg College 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 Hyderabad Vasavi Engg College is presented in the table alongside.

Use of Syndicate Bank MICR code for Hyderabad Vasavi Engg College branch in hyderabad

The MICR code 500025061 is used in RBI cheque clearing process to identify the branch Hyderabad Vasavi Engg College 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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