Syndicate Bank Ramapuram Nellore Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Ramapuram Nellore Andhra Pradesh

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MICR Code	524025995
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ramapuram
Contact
Bank Details	Syndicate Bank Ramapuram SYNB0003458

Location	Ramapuram, Nellore
City	Ramapuram
District	Nellore
State	Andhra Pradesh
Pincode	524401
Country	IN
Address	Tada mandal nellore dist ,ramapuram,andhra pradesh-524401

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 524025995 for Ramapuram 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 524025995 of Syndicate Bank, Ramapuram branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Ramapuram 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 -

>>Ramapuram

MICR code for Syndicate Bank Ramapuram

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 Ramapuram 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. 524025995 is the MICR code of Syndicate Bank for Ramapuram branch. MICR code for Ramapuram 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 Ramapuram is presented in the table alongside.

Use of Syndicate Bank MICR code for Ramapuram branch in ramapuram

The MICR code 524025995 is used in RBI cheque clearing process to identify the branch Ramapuram 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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