Syndicate Bank Manikonda Manikonda Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Manikonda Manikonda Andhra Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Manikonda
Contact 9440905193
Bank Details Syndicate Bank Manikonda SYNB0003091
Location Manikonda, Manikonda
City Manikonda
District Manikonda
State Andhra Pradesh
Pincode 521260
Country IN
Address Plot no 20 and 21,sai ram colony,rajendra nagar mandal,manikonda
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 500025075 for Manikonda 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 500025075 of Syndicate Bank, Manikonda branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Manikonda 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 -

>>Manikonda

MICR code for Syndicate Bank Manikonda

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 Manikonda 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. 500025075 is the MICR code of Syndicate Bank for Manikonda branch. MICR code for Manikonda 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 Manikonda is presented in the table alongside.

Use of Syndicate Bank MICR code for Manikonda branch in manikonda

The MICR code 500025075 is used in RBI cheque clearing process to identify the branch Manikonda 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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