Syndicate Bank Anantapur Dist Anantapur Dist Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Anantapur Dist Anantapur Dist Andhra Pradesh

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MICR Code	515025663
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	K Gundumala
Contact
Bank Details	Syndicate Bank K Gundumala SYNB0003781

Location	Anantapur Dist, Anantapur Dist
City	Anantapur Dist
District	Anantapur Dist
State	Andhra Pradesh
Pincode	515291
Country	IN
Address	Syndicate bank k gundumala village madakasira mandal anantapur dist andhra pradesh 515291

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 515025663 for K Gundumala 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 515025663 of Syndicate Bank, K Gundumala branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for K Gundumala branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Syndicate Bank are available with micr code -

>>K Gundumala >>Uppalapadu

MICR code for Syndicate Bank K Gundumala

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 K Gundumala 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. 515025663 is the MICR code of Syndicate Bank for K Gundumala branch. MICR code for K Gundumala 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 K Gundumala is presented in the table alongside.

Use of Syndicate Bank MICR code for K Gundumala branch in anantapur dist

The MICR code 515025663 is used in RBI cheque clearing process to identify the branch K Gundumala 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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