Syndicate Bank Kandukur Kurnool Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Kandukur Kurnool Andhra Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kandukur
Contact 08512-258953
Bank Details Syndicate Bank Kandukur SYNB0003393
Location Kandukur, Kurnool
City Kandukur
District Kurnool
State Andhra Pradesh
Pincode 518313
Country IN
Address Kandukurukosigi mandalpin-518 313
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 518025305 for Kandukur 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 518025305 of Syndicate Bank, Kandukur branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Kandukur 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 -

>>Kandukur

MICR code for Syndicate Bank Kandukur

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 Kandukur 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. 518025305 is the MICR code of Syndicate Bank for Kandukur branch. MICR code for Kandukur 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 Kandukur is presented in the table alongside.

Use of Syndicate Bank MICR code for Kandukur branch in kandukur

The MICR code 518025305 is used in RBI cheque clearing process to identify the branch Kandukur 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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