Syndicate Bank Channapatna Bangalore Rural Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Channapatna Bangalore Rural Karnataka

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Channapatna
Contact 22421858
Bank Details Syndicate Bank Channapatna SYNB0001564
Location Channapatna, Bangalore Rural
City Channapatna
District Bangalore Rural
State Karnataka
Pincode 562160
Country IN
Address Reshme nivas no 2290 by 1 3rd cross behind sbm channapatna karnataka 562160
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 Channapatna 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, Channapatna branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Channapatna 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 -

>>Channapatna

MICR code for Syndicate Bank Channapatna

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 Channapatna 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 Channapatna branch. MICR code for Channapatna 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 Channapatna is presented in the table alongside.

Use of Syndicate Bank MICR code for Channapatna branch in channapatna

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