Syndicate Bank Chikballapur Taluk And District Chikballapur Taluk And District Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Chikballapur Taluk And District Chikballapur Taluk And District Karnataka

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Aruru
Contact
Bank Details Syndicate Bank Aruru SYNB0001582
Location Chikballapur Taluk And District, Chikballapur Taluk And District
City Chikballapur Taluk And District
District Chikballapur Taluk And District
State Karnataka
Pincode 562104
Country IN
Address Door no 39,aruru village and post,mandikal hobli,chikballapur taluk and district,karnataka,562104
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 Aruru 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, Aruru branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Aruru 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 -

>>Aruru

MICR code for Syndicate Bank Aruru

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 Aruru 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 Aruru branch. MICR code for Aruru 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 Aruru is presented in the table alongside.

Use of Syndicate Bank MICR code for Aruru branch in chikballapur taluk and district

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