Syndicate Bank Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Bangalore Bangalore Karnataka

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gad Cobangalore
Contact
Bank Details Syndicate Bank Gad Cobangalore SYNB0002926
Location Bangalore, Bangalore
City Bangalore
District Bangalore
State Karnataka
Pincode 560009
Country IN
Address Corporate office, gad unit, 2nd cross, gandhinagar, bangalore 560 009
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 560025999 for Gad Cobangalore 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 560025999 of Syndicate Bank, Gad Cobangalore branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Gad Cobangalore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Gad Cobangalore

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 Gad Cobangalore 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. 560025999 is the MICR code of Syndicate Bank for Gad Cobangalore branch. MICR code for Gad Cobangalore 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 Gad Cobangalore is presented in the table alongside.

Use of Syndicate Bank MICR code for Gad Cobangalore branch in bangalore

The MICR code 560025999 is used in RBI cheque clearing process to identify the branch Gad Cobangalore 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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