Syndicate Bank Visakhapatnam Vishakapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Visakhapatnam Vishakapatnam Andhra Pradesh

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MICR Code	530025004
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Visakhapatnam Dci Ltd
Contact
Bank Details	Syndicate Bank Visakhapatnam Dci Ltd SYNB0003583

Location	Visakhapatnam, Vishakapatnam
City	Visakhapatnam
District	Vishakapatnam
State	Andhra Pradesh
Pincode	530035
Country	IN
Address	Dredge house, port area, visakhapatnam, , , vishakapatnam, andhra pradesh, 530 035

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 530025004 for Visakhapatnam Dci Ltd 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 530025004 of Syndicate Bank, Visakhapatnam Dci Ltd branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Visakhapatnam Dci Ltd branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Syndicate Bank are available with micr code -

>>Visakhapatnam Daba Grdns(Main)Visakhapatnam >>Visakhapatnam Dci Ltd >>Vishakapatnam Chinnawaltair

MICR code for Syndicate Bank Visakhapatnam Dci Ltd

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 Visakhapatnam Dci Ltd 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. 530025004 is the MICR code of Syndicate Bank for Visakhapatnam Dci Ltd branch. MICR code for Visakhapatnam Dci Ltd 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 Visakhapatnam Dci Ltd is presented in the table alongside.

Use of Syndicate Bank MICR code for Visakhapatnam Dci Ltd branch in visakhapatnam

The MICR code 530025004 is used in RBI cheque clearing process to identify the branch Visakhapatnam Dci Ltd 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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