Suryoday Bank Angul Angul Orissa MICR CODE

Find MICR Codes for Suryoday Bank Angul Angul Orissa

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MICR Code
Bank Suryoday Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Khalari
Contact 0
Bank Details Suryoday Small Finance Bank Limited Khalari SURY0000058
Location Angul, Angul
City Angul
District Angul
State Orissa
Pincode 759132
Country IN
Address Suryoday small finance bank limited,cheliapada,p.o.- khalari,dist.- angul,pin - 759132
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 0 for Khalari 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 0 of Suryoday Finance Bank, Khalari branch makes the system almost error free and faster. Use of Suryoday Finance Bank MICR codes for Khalari branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Suryoday Small Finance Bank Limited are available with micr code -

>>Khalari

MICR code for Suryoday Bank Khalari

Suryoday Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Suryoday Finance Bank MICR code for Khalari 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. 0 is the MICR code of Suryoday Small Bank for Khalari branch. MICR code for Khalari 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 Suryoday Finance Bank Khalari is presented in the table alongside.

Use of Suryoday Finance Bank MICR code for Khalari branch in angul

The MICR code 0 is used in RBI cheque clearing process to identify the branch Khalari and Suryoday Finance 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 Suryoday Small Bank is typically in either of these two font’s: E-138 and CMC-7.

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