Syndicate Bank Uttar Kannad Karwar Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Uttar Kannad Karwar Karnataka

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Alnavar
Contact 2277192
Bank Details Syndicate Bank Alnavar SYNB0001266
Location Uttar Kannad, Karwar
City Uttar Kannad
District Karwar
State Karnataka
Pincode 581103
Country IN
Address Shop no 4 cts no 401/d renuka complex indra nagar alnavar karnataka india 581103
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 580025511 for Alnavar 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 580025511 of Syndicate Bank, Alnavar branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Alnavar 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 -

>>Alnavar

MICR code for Syndicate Bank Alnavar

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 Alnavar 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. 580025511 is the MICR code of Syndicate Bank for Alnavar branch. MICR code for Alnavar 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 Alnavar is presented in the table alongside.

Use of Syndicate Bank MICR code for Alnavar branch in uttar kannad

The MICR code 580025511 is used in RBI cheque clearing process to identify the branch Alnavar 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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