Syndicate Bank Tirupathi Tirupathi Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Tirupathi Tirupathi Andhra Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tirupathi M R Palle
Contact
Bank Details Syndicate Bank Tirupathi M R Palle SYNB0003242
Location Tirupathi, Tirupathi
City Tirupathi
District Tirupathi
State Andhra Pradesh
Pincode 517501
Country IN
Address D no 9-37/1 and 2 main road,amaravathi nagar m r palle,chittoor dist,tirupathi,andhra pradesh,517501,india
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 0 for Tirupathi M R Palle 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 0 of Syndicate Bank, Tirupathi M R Palle branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Tirupathi M R Palle 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 -

>>Tirupathi Akkarampalli Road >>Tirupathi M R Palle

MICR code for Syndicate Bank Tirupathi M R Palle

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 Tirupathi M R Palle 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. 0 is the MICR code of Syndicate Bank for Tirupathi M R Palle branch. MICR code for Tirupathi M R Palle 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 Tirupathi M R Palle is presented in the table alongside.

Use of Syndicate Bank MICR code for Tirupathi M R Palle branch in tirupathi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Tirupathi M R Palle 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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