Syndicate Bank Sydapuram Nellore Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Sydapuram Nellore Andhra Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sydapuram
Contact 08621-227044
Bank Details Syndicate Bank Sydapuram SYNB0003490
Location Sydapuram, Nellore
City Sydapuram
District Nellore
State Andhra Pradesh
Pincode 524407
Country IN
Address Main roadsydapuramgudur tqpin-524 407
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 524025607 for Sydapuram 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 524025607 of Syndicate Bank, Sydapuram branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Sydapuram 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 -

>>Sydapuram

MICR code for Syndicate Bank Sydapuram

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 Sydapuram 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. 524025607 is the MICR code of Syndicate Bank for Sydapuram branch. MICR code for Sydapuram 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 Sydapuram is presented in the table alongside.

Use of Syndicate Bank MICR code for Sydapuram branch in sydapuram

The MICR code 524025607 is used in RBI cheque clearing process to identify the branch Sydapuram 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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