Syndicate Bank Veerullapadu Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Veerullapadu Krishna Andhra Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Veerullapadu
Contact 08678-286235
Bank Details Syndicate Bank Veerullapadu SYNB0003353
Location Veerullapadu, Krishna
City Veerullapadu
District Krishna
State Andhra Pradesh
Pincode 521170
Country IN
Address Veerullapadumandal veerullapadupin-521 170
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 521025206 for Veerullapadu 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 521025206 of Syndicate Bank, Veerullapadu branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Veerullapadu 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 -

>>Veerullapadu

MICR code for Syndicate Bank Veerullapadu

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 Veerullapadu 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. 521025206 is the MICR code of Syndicate Bank for Veerullapadu branch. MICR code for Veerullapadu 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 Veerullapadu is presented in the table alongside.

Use of Syndicate Bank MICR code for Veerullapadu branch in veerullapadu

The MICR code 521025206 is used in RBI cheque clearing process to identify the branch Veerullapadu 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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