Syndicate Bank Kurnool Kurnool Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Kurnool 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 Kurnool Budhwarpet
Contact
Bank Details Syndicate Bank Kurnool Budhwarpet SYNB0003372
Location Kurnool, Kurnool
City Kurnool
District Kurnool
State Andhra Pradesh
Pincode 518002
Country IN
Address Door no. 46 - 678 - 82,,1st floor,budhwarpet, kurnool,,kurnool,andhra pradesh,518 002
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 0 for Kurnool Budhwarpet 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 0 of Syndicate Bank, Kurnool Budhwarpet branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Kurnool Budhwarpet branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Kurnool Budhwarpet

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 Kurnool Budhwarpet 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. 0 is the MICR code of Syndicate Bank for Kurnool Budhwarpet branch. MICR code for Kurnool Budhwarpet 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 Kurnool Budhwarpet is presented in the table alongside.

Use of Syndicate Bank MICR code for Kurnool Budhwarpet branch in kurnool

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kurnool Budhwarpet 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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