Syndicate Bank Cuttack Cuttak Orissa MICR CODE

Find MICR Codes for Syndicate Bank Cuttack Cuttak Orissa

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Cuttack Bajrakabathi Road
Contact
Bank Details Syndicate Bank Cuttack Bajrakabathi Road SYNB0008092
Location Cuttack, Cuttak
City Cuttack
District Cuttak
State Orissa
Pincode 753001
Country IN
Address Board of secondary education, bajrakabati road, cuttack, , cuttack, orissa, 753 001
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 753025003 for Cuttack Bajrakabathi Road 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 753025003 of Syndicate Bank, Cuttack Bajrakabathi Road branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Cuttack Bajrakabathi Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Syndicate Bank are available with micr code -

>>Cuttack >>Cuttack Bajrakabathi Road >>Cuttack Salipur

MICR code for Syndicate Bank Cuttack Bajrakabathi Road

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 Cuttack Bajrakabathi Road 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. 753025003 is the MICR code of Syndicate Bank for Cuttack Bajrakabathi Road branch. MICR code for Cuttack Bajrakabathi Road 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 Cuttack Bajrakabathi Road is presented in the table alongside.

Use of Syndicate Bank MICR code for Cuttack Bajrakabathi Road branch in cuttack

The MICR code 753025003 is used in RBI cheque clearing process to identify the branch Cuttack Bajrakabathi Road 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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