Syndicate Bank Hubli Dharwad Dharwad Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Hubli Dharwad Dharwad Karnataka

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dharwar Subhas Road (Main)
Contact
Bank Details Syndicate Bank Dharwar Subhas Road (Main) SYNB0001205
Location Hubli Dharwad, Dharwad
City Hubli Dharwad
District Dharwad
State Karnataka
Pincode 580001
Country IN
Address Subhas road, dharwar, , , dharwad, karnataka, 580 001
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 580025302 for Dharwar Subhas Road (Main) 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 580025302 of Syndicate Bank, Dharwar Subhas Road (Main) branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Dharwar Subhas Road (Main) branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Dharwar Subhas Road (Main)

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 Dharwar Subhas Road (Main) 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. 580025302 is the MICR code of Syndicate Bank for Dharwar Subhas Road (Main) branch. MICR code for Dharwar Subhas Road (Main) 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 Dharwar Subhas Road (Main) is presented in the table alongside.

Use of Syndicate Bank MICR code for Dharwar Subhas Road (Main) branch in hubli dharwad

The MICR code 580025302 is used in RBI cheque clearing process to identify the branch Dharwar Subhas Road (Main) 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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