Syndicate Bank Visakhapatnam Visakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Visakhapatnam Visakhapatnam Andhra Pradesh

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MICR Code	530025007
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Madurawada Vizag
Contact
Bank Details	Syndicate Bank Madurawada Vizag SYNB0003588

Location	Visakhapatnam, Visakhapatnam
City	Visakhapatnam
District	Visakhapatnam
State	Andhra Pradesh
Pincode	530041
Country	IN
Address	D no 3-8/1,3-8/2 sai srinivasa residency grd flr p m palem madhurawada 530041

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 530025007 for Madurawada Vizag 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 530025007 of Syndicate Bank, Madurawada Vizag branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Madurawada Vizag branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Syndicate Bank are available with micr code -

>>Akkayyapalem Visakhapatnam >>Madurawada Vizag >>Mid Corporate Br Visakhapatnam >>Mvp Colony Vizag >>Rah Visakhapatnam Srinagar >>Ro Vishakapatnamii >>Seetammadhara Visakhapatnam >>Visakhapatnam Naiduthota >>Visakhapatnam Rt Rd >>Visalkshinagar Visakhapatnam >>Yendada Visakhapatnam

MICR code for Syndicate Bank Madurawada Vizag

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 Madurawada Vizag 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. 530025007 is the MICR code of Syndicate Bank for Madurawada Vizag branch. MICR code for Madurawada Vizag 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 Madurawada Vizag is presented in the table alongside.

Use of Syndicate Bank MICR code for Madurawada Vizag branch in visakhapatnam

The MICR code 530025007 is used in RBI cheque clearing process to identify the branch Madurawada Vizag 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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