Syndicate Bank Mukkavaripalli Kadapa Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Mukkavaripalli Kadapa Andhra Pradesh

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MICR Code	516025503
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mukkavaripalli
Contact	08566-248839
Bank Details	Syndicate Bank Mukkavaripalli SYNB0003218

Location	Mukkavaripalli, Kadapa
City	Mukkavaripalli
District	Kadapa
State	Andhra Pradesh
Pincode	516108
Country	IN
Address	Near ttd kalyana mandapam kadapa chennai highway kadapa dist mukkavaripalli 516108

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 516025503 for Mukkavaripalli 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 516025503 of Syndicate Bank, Mukkavaripalli branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Mukkavaripalli 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 -

>>Mukkavaripalli

MICR code for Syndicate Bank Mukkavaripalli

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 Mukkavaripalli 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. 516025503 is the MICR code of Syndicate Bank for Mukkavaripalli branch. MICR code for Mukkavaripalli 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 Mukkavaripalli is presented in the table alongside.

Use of Syndicate Bank MICR code for Mukkavaripalli branch in mukkavaripalli

The MICR code 516025503 is used in RBI cheque clearing process to identify the branch Mukkavaripalli 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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