Syndicate Bank Kavali Yadavalli Nellore Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Kavali Yadavalli Nellore Andhra Pradesh

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MICR Code	524025304
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kavali Yadavalli
Contact	08627-278656
Bank Details	Syndicate Bank Kavali Yadavalli SYNB0003501

Location	Kavali Yadavalli, Nellore
City	Kavali Yadavalli
District	Nellore
State	Andhra Pradesh
Pincode	524234
Country	IN
Address	Vysya street,kavali yadavallia s peta mandalpin-524 234

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 524025304 for Kavali Yadavalli 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 524025304 of Syndicate Bank, Kavali Yadavalli branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Kavali Yadavalli 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 -

>>Kavali Yadavalli

MICR code for Syndicate Bank Kavali Yadavalli

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 Kavali Yadavalli 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. 524025304 is the MICR code of Syndicate Bank for Kavali Yadavalli branch. MICR code for Kavali Yadavalli 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 Kavali Yadavalli is presented in the table alongside.

Use of Syndicate Bank MICR code for Kavali Yadavalli branch in kavali yadavalli

The MICR code 524025304 is used in RBI cheque clearing process to identify the branch Kavali Yadavalli 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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