Syndicate Bank Anantapur Anantapur Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Anantapur Anantapur Andhra Pradesh

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MICR Code	515025006
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Venugopal Nagar Anantapur
Contact
Bank Details	Syndicate Bank Venugopal Nagar Anantapur SYNB0003233

Location	Anantapur, Anantapur
City	Anantapur
District	Anantapur
State	Andhra Pradesh
Pincode	515001
Country	IN
Address	Dno 19-4-11 araveti complex venugopal nagar, gooty road anantapur andhra pradesh 515001 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 515025006 for Venugopal Nagar Anantapur 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 515025006 of Syndicate Bank, Venugopal Nagar Anantapur branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Venugopal Nagar Anantapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Syndicate Bank are available with micr code -

>>Anantapur Housing Board Colony >>Kandukur >>R O Anantapur >>Ro Anantapur >>Rolla >>Sme Anantapur >>Venugopal Nagar Anantapur

MICR code for Syndicate Bank Venugopal Nagar Anantapur

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 Venugopal Nagar Anantapur 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. 515025006 is the MICR code of Syndicate Bank for Venugopal Nagar Anantapur branch. MICR code for Venugopal Nagar Anantapur 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 Venugopal Nagar Anantapur is presented in the table alongside.

Use of Syndicate Bank MICR code for Venugopal Nagar Anantapur branch in anantapur

The MICR code 515025006 is used in RBI cheque clearing process to identify the branch Venugopal Nagar Anantapur 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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