Syndicate Bank Bhubaneshwar Bhubaneshwar Orissa MICR CODE

Find MICR Codes for Syndicate Bank Bhubaneshwar Bhubaneshwar Orissa

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MICR Code	-NA-
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 Sijua
Contact
Bank Details	Syndicate Bank Bhubaneshwar Sijua SYNB0008058

Location	Bhubaneshwar, Bhubaneshwar
City	Bhubaneshwar
District	Bhubaneshwar
State	Orissa
Pincode	751019
Country	IN
Address	Plot no c-359/1818, near techno school , patrapada, bhubaneshwar, orissa, 751019, india

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

>>Bhubaneshwar Sijua

MICR code for Syndicate Bank Bhubaneshwar Sijua

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 Sijua 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 Bhubaneshwar Sijua branch. MICR code for Bhubaneshwar Sijua 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 Sijua is presented in the table alongside.

Use of Syndicate Bank MICR code for Bhubaneshwar Sijua branch in bhubaneshwar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bhubaneshwar Sijua 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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