Syndicate Bank Secunderabad Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Secunderabad Hyderabad Urban Andhra Pradesh

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MICR Code	500025042
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Secunderabad Rail Nilayam
Contact
Bank Details	Syndicate Bank Secunderabad Rail Nilayam SYNB0003046

Location	Secunderabad, Hyderabad Urban
City	Secunderabad
District	Hyderabad Urban
State	Andhra Pradesh
Pincode	500071
Country	IN
Address	S.c.railway head quarters, rail nilayam, secunderabad-500 071

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 500025042 for Secunderabad Rail Nilayam 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 500025042 of Syndicate Bank, Secunderabad Rail Nilayam branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Secunderabad Rail Nilayam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Syndicate Bank are available with micr code -

>>Secunderabad Bolarum >>Secunderabad Rail Nilayam

MICR code for Syndicate Bank Secunderabad Rail Nilayam

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 Rail Nilayam 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. 500025042 is the MICR code of Syndicate Bank for Secunderabad Rail Nilayam branch. MICR code for Secunderabad Rail Nilayam 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 Rail Nilayam is presented in the table alongside.

Use of Syndicate Bank MICR code for Secunderabad Rail Nilayam branch in secunderabad

The MICR code 500025042 is used in RBI cheque clearing process to identify the branch Secunderabad Rail Nilayam 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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