Syndicate Bank Visakhapatnam Vishakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Visakhapatnam Vishakhapatnam Andhra Pradesh

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MICR Code	533025012
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kommadi
Contact	2470026
Bank Details	Syndicate Bank Kommadi SYNB0003594

Location	Visakhapatnam, Vishakhapatnam
City	Visakhapatnam
District	Vishakhapatnam
State	Andhra Pradesh
Pincode	533016
Country	IN
Address	Plot no 382 near astalakshmi temple annapuraju ngr madhurawada kommadi visakhapatnam a p 533016

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 533025012 for Kommadi 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 533025012 of Syndicate Bank, Kommadi branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Kommadi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Syndicate Bank are available with micr code -

>>Atchutapuram Visakhapatnam >>Kommadi >>Muralinagar Visakhapatnam >>Rlc Visakhapatnam >>Ro Visakhapatnam

MICR code for Syndicate Bank Kommadi

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 Kommadi 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. 533025012 is the MICR code of Syndicate Bank for Kommadi branch. MICR code for Kommadi 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 Kommadi is presented in the table alongside.

Use of Syndicate Bank MICR code for Kommadi branch in visakhapatnam

The MICR code 533025012 is used in RBI cheque clearing process to identify the branch Kommadi 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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