Syndicate Bank Secunderabad Cantonment Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Secunderabad Cantonment Hyderabad Urban Andhra Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Secunderabad Jeera Compound
Contact
Bank Details Syndicate Bank Secunderabad Jeera Compound SYNB0003030
Location Secunderabad Cantonment, Hyderabad Urban
City Secunderabad Cantonment
District Hyderabad Urban
State Andhra Pradesh
Pincode 500003
Country IN
Address No:7 jeera compound, , secunderabad, , , hyderabad, andhra pradesh, 500 003
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 500025016 for Secunderabad Jeera Compound 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 500025016 of Syndicate Bank, Secunderabad Jeera Compound branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Secunderabad Jeera Compound branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Secunderabad Jeera Compound

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 Secunderabad Jeera Compound 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. 500025016 is the MICR code of Syndicate Bank for Secunderabad Jeera Compound branch. MICR code for Secunderabad Jeera Compound 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 Secunderabad Jeera Compound is presented in the table alongside.

Use of Syndicate Bank MICR code for Secunderabad Jeera Compound branch in secunderabad cantonment

The MICR code 500025016 is used in RBI cheque clearing process to identify the branch Secunderabad Jeera Compound 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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