Syndicate Bank Bhiradi Raibag Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Bhiradi Raibag Karnataka

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MICR Code	591025996
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhiradi
Contact
Bank Details	Syndicate Bank Bhiradi SYNB0000566

Location	Bhiradi, Raibag
City	Bhiradi
District	Raibag
State	Karnataka
Pincode	591317
Country	IN
Address	Sidram halingali bldg,plot no 880/b bhiradi tq raibagh dist belgaum -591317

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 591025996 for Bhiradi 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 591025996 of Syndicate Bank, Bhiradi branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Bhiradi 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 -

>>Bhiradi

MICR code for Syndicate Bank Bhiradi

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 Bhiradi 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. 591025996 is the MICR code of Syndicate Bank for Bhiradi branch. MICR code for Bhiradi 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 Bhiradi is presented in the table alongside.

Use of Syndicate Bank MICR code for Bhiradi branch in bhiradi

The MICR code 591025996 is used in RBI cheque clearing process to identify the branch Bhiradi 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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