Syndicate Bank Alur Chamarajanagar Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Alur Chamarajanagar Karnataka

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MICR Code	573025509
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Alur
Contact	9448281244
Bank Details	Syndicate Bank Alur SYNB0001415

Location	Alur, Chamarajanagar
City	Alur
District	Chamarajanagar
State	Karnataka
Pincode	571117
Country	IN
Address	B m road,old court circle old shandy street alur alur karnataka india 573213

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 573025509 for Alur 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 573025509 of Syndicate Bank, Alur branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Alur 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 -

>>Alur

MICR code for Syndicate Bank Alur

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 Alur 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. 573025509 is the MICR code of Syndicate Bank for Alur branch. MICR code for Alur 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 Alur is presented in the table alongside.

Use of Syndicate Bank MICR code for Alur branch in alur

The MICR code 573025509 is used in RBI cheque clearing process to identify the branch Alur 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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