Syndicate Bank Visakhapatnam Visakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Visakhapatnam Visakhapatnam Andhra Pradesh

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MICR Code	530025014
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Yendada Visakhapatnam
Contact
Bank Details	Syndicate Bank Yendada Visakhapatnam SYNB0003595

Location	Visakhapatnam, Visakhapatnam
City	Visakhapatnam
District	Visakhapatnam
State	Andhra Pradesh
Pincode	530045
Country	IN
Address	Aarcon towers 2-91/a, gitam road yendada visakhapatnam andhra pradesh 530045 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 530025014 for Yendada Visakhapatnam 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 530025014 of Syndicate Bank, Yendada Visakhapatnam branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Yendada Visakhapatnam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Syndicate Bank are available with micr code -

>>Akkayyapalem Visakhapatnam >>Madurawada Vizag >>Mid Corporate Br Visakhapatnam >>Mvp Colony Vizag >>Rah Visakhapatnam Srinagar >>Ro Vishakapatnamii >>Seetammadhara Visakhapatnam >>Visakhapatnam Naiduthota >>Visakhapatnam Rt Rd >>Visalkshinagar Visakhapatnam >>Yendada Visakhapatnam

MICR code for Syndicate Bank Yendada Visakhapatnam

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 Yendada Visakhapatnam 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. 530025014 is the MICR code of Syndicate Bank for Yendada Visakhapatnam branch. MICR code for Yendada Visakhapatnam 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 Yendada Visakhapatnam is presented in the table alongside.

Use of Syndicate Bank MICR code for Yendada Visakhapatnam branch in visakhapatnam

The MICR code 530025014 is used in RBI cheque clearing process to identify the branch Yendada Visakhapatnam 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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