Syndicate Bank Peenya Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Peenya Bangalore Urban Karnataka

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bangalore Peenya Indl Estate
Contact
Bank Details Syndicate Bank Bangalore Peenya Indl Estate SYNB0000455
Location Peenya, Bangalore Urban
City Peenya
District Bangalore Urban
State Karnataka
Pincode 560057
Country IN
Address No 252 sureka complex,first floor,100 feet road,peenya bangalore,bangalore urban,karnataka,560 057
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 560025017 for Bangalore Peenya Indl Estate 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 560025017 of Syndicate Bank, Bangalore Peenya Indl Estate branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Bangalore Peenya Indl Estate 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 -

>>Bangalore Peenya Indl Estate

MICR code for Syndicate Bank Bangalore Peenya Indl Estate

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 Bangalore Peenya Indl Estate 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. 560025017 is the MICR code of Syndicate Bank for Bangalore Peenya Indl Estate branch. MICR code for Bangalore Peenya Indl Estate 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 Bangalore Peenya Indl Estate is presented in the table alongside.

Use of Syndicate Bank MICR code for Bangalore Peenya Indl Estate branch in peenya

The MICR code 560025017 is used in RBI cheque clearing process to identify the branch Bangalore Peenya Indl Estate 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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