Syndicate Bank Khurda Bhubaneswar Orissa MICR CODE

Find MICR Codes for Syndicate Bank Khurda Bhubaneswar Orissa

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Baramunda Bhubaneswar
Contact 2551506
Bank Details Syndicate Bank Baramunda Bhubaneswar SYNB0007995
Location Khurda, Bhubaneswar
City Khurda
District Bhubaneswar
State Orissa
Pincode 751003
Country IN
Address Plot no 382/1156 near delta chhak paikanagar unit-18 baramunda bhubaneswar odisha india 751003
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 751025015 for Baramunda Bhubaneswar 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 751025015 of Syndicate Bank, Baramunda Bhubaneswar branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Baramunda Bhubaneswar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Syndicate Bank are available with micr code -

>>Baramunda Bhubaneswar >>Bhubaneswari >>Ro Bhubaneswarii >>Sundarpada

MICR code for Syndicate Bank Baramunda Bhubaneswar

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 Baramunda Bhubaneswar 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. 751025015 is the MICR code of Syndicate Bank for Baramunda Bhubaneswar branch. MICR code for Baramunda Bhubaneswar 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 Baramunda Bhubaneswar is presented in the table alongside.

Use of Syndicate Bank MICR code for Baramunda Bhubaneswar branch in khurda

The MICR code 751025015 is used in RBI cheque clearing process to identify the branch Baramunda Bhubaneswar 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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