Syndicate Bank Adeli Sindhudurg Maharashtra MICR CODE

Find MICR Codes for Syndicate Bank Adeli Sindhudurg Maharashtra

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Adeli
Contact
Bank Details Syndicate Bank Adeli SYNB0007227
Location Adeli, Sindhudurg
City Adeli
District Sindhudurg
State Maharashtra
Pincode 416516
Country IN
Address Door no.825,, near adeli grama panchayat, vengurla taluk sindhudurg. Pin-416516
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 Adeli 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 Syndicate Bank, Adeli branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Adeli branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Adeli

MICR code for Syndicate Bank Adeli

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 Adeli 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 Syndicate Bank for Adeli branch. MICR code for Adeli 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 Adeli is presented in the table alongside.

Use of Syndicate Bank MICR code for Adeli branch in adeli

The MICR code 0 is used in RBI cheque clearing process to identify the branch Adeli 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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