Syndicate Bank Koheda Rangareddy Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Koheda Rangareddy Andhra Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Koheda
Contact 08415-242230
Bank Details Syndicate Bank Koheda SYNB0003080
Location Koheda, Rangareddy
City Koheda
District Rangareddy
State Andhra Pradesh
Pincode 501511
Country IN
Address Door no.5130via sanghi nagarhayathnagar mandalpin-501 511
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 500025054 for Koheda 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 500025054 of Syndicate Bank, Koheda branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Koheda 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 -

>>Koheda

MICR code for Syndicate Bank Koheda

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 Koheda 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. 500025054 is the MICR code of Syndicate Bank for Koheda branch. MICR code for Koheda 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 Koheda is presented in the table alongside.

Use of Syndicate Bank MICR code for Koheda branch in koheda

The MICR code 500025054 is used in RBI cheque clearing process to identify the branch Koheda 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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