Syndicate Bank Chhatrapur Ganjam Orissa MICR CODE

Find MICR Codes for Syndicate Bank Chhatrapur Ganjam Orissa

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chhatrapur
Contact 06811-262026
Bank Details Syndicate Bank Chhatrapur SYNB0008044
Location Chhatrapur, Ganjam
City Chhatrapur
District Ganjam
State Orissa
Pincode 761020
Country IN
Address Syndicate bank, senapati complex, big bazar, main road, chhatrapur-761020
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 761025002 for Chhatrapur 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 761025002 of Syndicate Bank, Chhatrapur branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Chhatrapur 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 -

>>Chhatrapur

MICR code for Syndicate Bank Chhatrapur

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 Chhatrapur 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. 761025002 is the MICR code of Syndicate Bank for Chhatrapur branch. MICR code for Chhatrapur 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 Chhatrapur is presented in the table alongside.

Use of Syndicate Bank MICR code for Chhatrapur branch in chhatrapur

The MICR code 761025002 is used in RBI cheque clearing process to identify the branch Chhatrapur 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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