Syndicate Bank Simhadripuram Kadapa Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Simhadripuram Kadapa Andhra Pradesh

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MICR Code	516025407
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Simhadripuram
Contact	08568-235436
Bank Details	Syndicate Bank Simhadripuram SYNB0003196

Location	Simhadripuram, Kadapa
City	Simhadripuram
District	Kadapa
State	Andhra Pradesh
Pincode	516454
Country	IN
Address	Z p high school roadsimhadripurampin-516 454

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 516025407 for Simhadripuram 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 516025407 of Syndicate Bank, Simhadripuram branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Simhadripuram 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 -

>>Simhadripuram

MICR code for Syndicate Bank Simhadripuram

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 Simhadripuram 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. 516025407 is the MICR code of Syndicate Bank for Simhadripuram branch. MICR code for Simhadripuram 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 Simhadripuram is presented in the table alongside.

Use of Syndicate Bank MICR code for Simhadripuram branch in simhadripuram

The MICR code 516025407 is used in RBI cheque clearing process to identify the branch Simhadripuram 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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