Syndicate Bank Bengaluru Bengaluru Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Bengaluru Bengaluru Karnataka

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Esyndicate Hrms
Contact 80-22341144
Bank Details Syndicate Bank Esyndicate Hrms SYNB0002957
Location Bengaluru, Bengaluru
City Bengaluru
District Bengaluru
State Karnataka
Pincode
Country IN
Address 2nd floor,ifsc building,near halsur gate police station
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 Esyndicate Hrms 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, Esyndicate Hrms branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Esyndicate Hrms 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 -

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MICR code for Syndicate Bank Esyndicate Hrms

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 Esyndicate Hrms 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 Esyndicate Hrms branch. MICR code for Esyndicate Hrms 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 Esyndicate Hrms is presented in the table alongside.

Use of Syndicate Bank MICR code for Esyndicate Hrms branch in bengaluru

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