Syndicate Bank Mangalore Mangalore Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Mangalore Mangalore Karnataka

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bharath Beedi Works E C
Contact 8242443173
Bank Details Syndicate Bank Bharath Beedi Works E C SYNB0002422
Location Mangalore, Mangalore
City Mangalore
District Mangalore
State Karnataka
Pincode 575003
Country IN
Address C/o bharat beedi workd ltd, ii floor, kadri road, mangalore - 575 003
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 575025994 for Bharath Beedi Works E C 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 575025994 of Syndicate Bank, Bharath Beedi Works E C branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Bharath Beedi Works E C branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Syndicate Bank are available with micr code -

>>Bharath Beedi Works E C >>Kavoor >>Mangaladevi

MICR code for Syndicate Bank Bharath Beedi Works E C

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 Bharath Beedi Works E C 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. 575025994 is the MICR code of Syndicate Bank for Bharath Beedi Works E C branch. MICR code for Bharath Beedi Works E C 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 Bharath Beedi Works E C is presented in the table alongside.

Use of Syndicate Bank MICR code for Bharath Beedi Works E C branch in mangalore

The MICR code 575025994 is used in RBI cheque clearing process to identify the branch Bharath Beedi Works E C 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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