Syndicate Bank Secunderabad Secunderabad Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Secunderabad Secunderabad Andhra Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Old Dairy Farm Secunderabad
Contact
Bank Details Syndicate Bank Old Dairy Farm Secunderabad SYNB0003313
Location Secunderabad, Secunderabad
City Secunderabad
District Secunderabad
State Andhra Pradesh
Pincode 500015
Country IN
Address Grd flr plot no 30 h no 1-31-889 krishna nagar colony, kanajiguda vill, old diary farm secunderabad andhra pradesh 500015 india
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 Old Dairy Farm Secunderabad 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, Old Dairy Farm Secunderabad branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Old Dairy Farm Secunderabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Syndicate Bank are available with micr code -

>>Old Dairy Farm Secunderabad >>Suchitra

MICR code for Syndicate Bank Old Dairy Farm Secunderabad

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 Old Dairy Farm Secunderabad 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 Old Dairy Farm Secunderabad branch. MICR code for Old Dairy Farm Secunderabad 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 Old Dairy Farm Secunderabad is presented in the table alongside.

Use of Syndicate Bank MICR code for Old Dairy Farm Secunderabad branch in secunderabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Old Dairy Farm Secunderabad 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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