Syndicate Bank Mysore Mysore Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Mysore Mysore Karnataka

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Cao Mysore
Contact 0821-2430320
Bank Details Syndicate Bank Cao Mysore SYNB0001722
Location Mysore, Mysore
City Mysore
District Mysore
State Karnataka
Pincode 570001
Country IN
Address No 2938 bangalore nilgiris roadlashkar mohallamysorepin-570 001
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 570025017 for Cao Mysore 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 570025017 of Syndicate Bank, Cao Mysore branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Cao Mysore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Cao Mysore

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 Cao Mysore 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. 570025017 is the MICR code of Syndicate Bank for Cao Mysore branch. MICR code for Cao Mysore 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 Cao Mysore is presented in the table alongside.

Use of Syndicate Bank MICR code for Cao Mysore branch in mysore

The MICR code 570025017 is used in RBI cheque clearing process to identify the branch Cao Mysore 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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