Syndicate Bank Srikakulam Srikakulam Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Srikakulam Srikakulam Andhra Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pedapadu Road Srikakulam
Contact 8332959366
Bank Details Syndicate Bank Pedapadu Road Srikakulam SYNB0003564
Location Srikakulam, Srikakulam
City Srikakulam
District Srikakulam
State Andhra Pradesh
Pincode 532001
Country IN
Address Syndicate bank,plot no 26 peda padu road chaparam panchayat srikakulam andhra pradesh 532001
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 532025003 for Pedapadu Road Srikakulam 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 532025003 of Syndicate Bank, Pedapadu Road Srikakulam branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Pedapadu Road Srikakulam 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 -

>>Pedapadu Road Srikakulam

MICR code for Syndicate Bank Pedapadu Road Srikakulam

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 Pedapadu Road Srikakulam 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. 532025003 is the MICR code of Syndicate Bank for Pedapadu Road Srikakulam branch. MICR code for Pedapadu Road Srikakulam 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 Pedapadu Road Srikakulam is presented in the table alongside.

Use of Syndicate Bank MICR code for Pedapadu Road Srikakulam branch in srikakulam

The MICR code 532025003 is used in RBI cheque clearing process to identify the branch Pedapadu Road Srikakulam 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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