Syndicate Bank Krishna Vijayawada Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Krishna Vijayawada Andhra Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rah Vijayawadaii
Contact 866-2485632
Bank Details Syndicate Bank Rah Vijayawadaii SYNB0009348
Location Krishna, Vijayawada
City Krishna
District Vijayawada
State Andhra Pradesh
Pincode 520010
Country IN
Address D no 39-9-19,sri venkateswaraswamy temple street,vijayawada andhra pradesh 520010
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 Rah Vijayawadaii 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, Rah Vijayawadaii branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Rah Vijayawadaii 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 -

>>Rah Vijayawadaii

MICR code for Syndicate Bank Rah Vijayawadaii

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 Rah Vijayawadaii 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 Rah Vijayawadaii branch. MICR code for Rah Vijayawadaii 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 Rah Vijayawadaii is presented in the table alongside.

Use of Syndicate Bank MICR code for Rah Vijayawadaii branch in krishna

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