Syndicate Bank Bhubneshwar Khurda Orissa MICR CODE

Find MICR Codes for Syndicate Bank Bhubneshwar Khurda Orissa

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MICR Code	751025006
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhubaneshwar Ashoka Market
Contact
Bank Details	Syndicate Bank Bhubaneshwar Ashoka Market SYNB0008009

Location	Bhubneshwar, Khurda
City	Bhubneshwar
District	Khurda
State	Orissa
Pincode	751009
Country	IN
Address	Orissa rural housing, development corporation ltd, station square, bhubaneswar, khurda, orissa, 751 009

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 751025006 for Bhubaneshwar Ashoka Market 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 751025006 of Syndicate Bank, Bhubaneshwar Ashoka Market branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Bhubaneshwar Ashoka Market 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 -

>>Bhubaneshwar Ashoka Market >>Bhubaneshwar Cet Campus >>Bhubaneshwar Utkal University Campus

MICR code for Syndicate Bank Bhubaneshwar Ashoka Market

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 Bhubaneshwar Ashoka Market 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. 751025006 is the MICR code of Syndicate Bank for Bhubaneshwar Ashoka Market branch. MICR code for Bhubaneshwar Ashoka Market 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 Bhubaneshwar Ashoka Market is presented in the table alongside.

Use of Syndicate Bank MICR code for Bhubaneshwar Ashoka Market branch in bhubneshwar

The MICR code 751025006 is used in RBI cheque clearing process to identify the branch Bhubaneshwar Ashoka Market 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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