Syndicate Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Bangalore Bangalore Urban Karnataka

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MICR Code	560025059
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bangalore Yediyur
Contact
Bank Details	Syndicate Bank Bangalore Yediyur SYNB0000472

Location	Bangalore, Bangalore Urban
City	Bangalore
District	Bangalore Urban
State	Karnataka
Pincode	560082
Country	IN
Address	59 das commercial complex, kanakapura road, jayanagar 7th block, yediyur, bangalore-560 082

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 560025059 for Bangalore Yediyur 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 560025059 of Syndicate Bank, Bangalore Yediyur branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Bangalore Yediyur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 91 branches of Syndicate Bank are available with micr code -

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MICR code for Syndicate Bank Bangalore Yediyur

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 Yediyur 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. 560025059 is the MICR code of Syndicate Bank for Bangalore Yediyur branch. MICR code for Bangalore Yediyur 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 Yediyur is presented in the table alongside.

Use of Syndicate Bank MICR code for Bangalore Yediyur branch in bangalore

The MICR code 560025059 is used in RBI cheque clearing process to identify the branch Bangalore Yediyur 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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