Syndicate Bank Dist Puri Dist Puri Orissa MICR CODE

Find MICR Codes for Syndicate Bank Dist Puri Dist Puri Orissa

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chandanpur
Contact
Bank Details Syndicate Bank Chandanpur SYNB0008064
Location Dist Puri, Dist Puri
City Dist Puri
District Dist Puri
State Orissa
Pincode 752012
Country IN
Address At chandanpur bazar po chanddanpur dist puri odisha 752012 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 752025503 for Chandanpur 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 752025503 of Syndicate Bank, Chandanpur branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Chandanpur 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 -

>>Chandanpur

MICR code for Syndicate Bank Chandanpur

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 Chandanpur 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. 752025503 is the MICR code of Syndicate Bank for Chandanpur branch. MICR code for Chandanpur 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 Chandanpur is presented in the table alongside.

Use of Syndicate Bank MICR code for Chandanpur branch in dist puri

The MICR code 752025503 is used in RBI cheque clearing process to identify the branch Chandanpur 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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