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Standard Chartered Bank Cuddapah Cuddapah Andhra Pradesh MICR CODE

Find MICR Codes for Standard Chartered Bank Cuddapah Cuddapah Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	516036102
Bank	Standard Chartered Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Proddatur
Contact	08564-248841/8842/43/44/45 fax No: - 08564-248845
Bank Details	Standard Chartered Bank Proddatur SCBL0036093

Location	Cuddapah, Cuddapah
City	Cuddapah
District	Cuddapah
State	Andhra Pradesh
Pincode	516360
Country	IN
Address	Ground floor, meghana mansion,24/25, opp laxmi vilas bank, gandhi road, proddatur andhra pradesh,516360

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 516036102 for Proddatur 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 516036102 of SCB, Proddatur branch makes the system almost error free and faster. Use of SCB MICR codes for Proddatur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Standard Chartered Bank are available with micr code -

>>Proddatur

MICR code for Standard Chartered Bank Proddatur

Standard Chartered Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. SCB MICR code for Proddatur 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. 516036102 is the MICR code of Standard Chartered Bank for Proddatur branch. MICR code for Proddatur 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 SCB Proddatur is presented in the table alongside.

Use of SCB MICR code for Proddatur branch in cuddapah

The MICR code 516036102 is used in RBI cheque clearing process to identify the branch Proddatur and SCB 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 Standard Chartered Bank is typically in either of these two font’s: E-138 and CMC-7.