Syndicate Bank Ganjam Ganjam Orissa MICR CODE

Find MICR Codes for Syndicate Bank Ganjam Ganjam Orissa

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Berhampur Golabandha
Contact
Bank Details Syndicate Bank Berhampur Golabandha SYNB0008043
Location Ganjam, Ganjam
City Ganjam
District Ganjam
State Orissa
Pincode 761052
Country IN
Address Army air defence college, golabandha, berhampur, , ganjam, orissa, 761 052
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 Berhampur Golabandha 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, Berhampur Golabandha branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Berhampur Golabandha branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Syndicate Bank are available with micr code -

>>Berhampur >>Berhampur Engg School Road >>Berhampur Golabandha >>Kavisuryanagar >>Sitalpalli

MICR code for Syndicate Bank Berhampur Golabandha

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 Berhampur Golabandha 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 Berhampur Golabandha branch. MICR code for Berhampur Golabandha 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 Berhampur Golabandha is presented in the table alongside.

Use of Syndicate Bank MICR code for Berhampur Golabandha branch in ganjam

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