Syndicate Bank Vijayawada Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Vijayawada Krishna Andhra Pradesh

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MICR Code	520025002
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vijayawada Gandhinagar
Contact
Bank Details	Syndicate Bank Vijayawada Gandhinagar SYNB0003342

Location	Vijayawada, Krishna
City	Vijayawada
District	Krishna
State	Andhra Pradesh
Pincode	520003
Country	IN
Address	26-2-69, rajlok complex, andhra ratna road, po box-575; gandhi nagar, vijayawada, krishna, andhra pradesh, 520 003

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 520025002 for Vijayawada Gandhinagar 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 520025002 of Syndicate Bank, Vijayawada Gandhinagar branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Vijayawada Gandhinagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Syndicate Bank are available with micr code -

>>Cao Vijayawada >>Chodavaram >>Mid Corporate Branch Vijayawada >>R O Vijayawada >>Retail Loan Centre Vijayawada >>Vijayawada Gandhinagar >>Vijayawada Kanuru Vrs Engg Col >>Vijayawada Labbipet >>Vijayawada Main Road (Main) >>Vijayawada Siddartha Med Clg

MICR code for Syndicate Bank Vijayawada Gandhinagar

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 Vijayawada Gandhinagar 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. 520025002 is the MICR code of Syndicate Bank for Vijayawada Gandhinagar branch. MICR code for Vijayawada Gandhinagar 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 Vijayawada Gandhinagar is presented in the table alongside.

Use of Syndicate Bank MICR code for Vijayawada Gandhinagar branch in vijayawada

The MICR code 520025002 is used in RBI cheque clearing process to identify the branch Vijayawada Gandhinagar 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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