Syndicate Bank Manipal Udupi Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Manipal Udupi Karnataka

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MICR Code	-NA-
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Dc Office Manipal
Contact
Bank Details	Syndicate Bank Dc Office Manipal SYNB0000283

Location	Manipal, Udupi
City	Manipal
District	Udupi
State	Karnataka
Pincode	576101
Country	IN
Address	Rajathadri, shop no 10-11, c-block, udupi dist, manipal, karnataka, 576101, 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 0 for Dc Office Manipal 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, Dc Office Manipal branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Dc Office Manipal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Syndicate Bank are available with micr code -

>>Co Manipal >>Dc Office Manipal >>Fgmo Manipal >>Ho Cad Manipal Journ >>S W D Ho Manipal >>Tapmi Ec Manipal

MICR code for Syndicate Bank Dc Office Manipal

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 Dc Office Manipal 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 Dc Office Manipal branch. MICR code for Dc Office Manipal 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 Dc Office Manipal is presented in the table alongside.

Use of Syndicate Bank MICR code for Dc Office Manipal branch in manipal

The MICR code 0 is used in RBI cheque clearing process to identify the branch Dc Office Manipal 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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