Syndicate Bank Vizianagaram Vizianagaram Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Vizianagaram Vizianagaram Andhra Pradesh

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MICR Code	535025602
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mangalapalem
Contact	9440905084
Bank Details	Syndicate Bank Mangalapalem SYNB0003593

Location	Vizianagaram, Vizianagaram
City	Vizianagaram
District	Vizianagaram
State	Andhra Pradesh
Pincode	531183
Country	IN
Address	Dno 100 by 1 mangalapalem jn mangalapalem po kothavalasa mandal viziangaram andhra pradesh 531183

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 535025602 for Mangalapalem 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 535025602 of Syndicate Bank, Mangalapalem branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Mangalapalem branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Syndicate Bank are available with micr code -

>>Mangalapalem >>Ring Road Vizianagaram >>Vizianagaram

MICR code for Syndicate Bank Mangalapalem

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 Mangalapalem 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. 535025602 is the MICR code of Syndicate Bank for Mangalapalem branch. MICR code for Mangalapalem 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 Mangalapalem is presented in the table alongside.

Use of Syndicate Bank MICR code for Mangalapalem branch in vizianagaram

The MICR code 535025602 is used in RBI cheque clearing process to identify the branch Mangalapalem 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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