Syndicate Bank Chittoor Dist Chittoor Dist Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Chittoor Dist Chittoor Dist Andhra Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Piler
Contact
Bank Details Syndicate Bank Piler SYNB0003185
Location Chittoor Dist, Chittoor Dist
City Chittoor Dist
District Chittoor Dist
State Andhra Pradesh
Pincode 517214
Country IN
Address D no 1-621, near cross road tirupathi road piller chittoor dist andhra pradesh 517214
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 Piler 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, Piler branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Piler 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 -

>>Chittoor Darga Road >>Piler >>Satyavedu

MICR code for Syndicate Bank Piler

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 Piler 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 Piler branch. MICR code for Piler 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 Piler is presented in the table alongside.

Use of Syndicate Bank MICR code for Piler branch in chittoor dist

The MICR code 0 is used in RBI cheque clearing process to identify the branch Piler 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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