Syndicate Bank Gudekota Bellary Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Gudekota Bellary Karnataka

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gudekota
Contact 08391-227801
Bank Details Syndicate Bank Gudekota SYNB0000612
Location Gudekota, Bellary
City Gudekota
District Bellary
State Karnataka
Pincode 583130
Country IN
Address Main roadgudekotakudligi talukpin-583 130
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 583025051 for Gudekota 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 583025051 of Syndicate Bank, Gudekota branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Gudekota 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 -

>>Gudekota

MICR code for Syndicate Bank Gudekota

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 Gudekota 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. 583025051 is the MICR code of Syndicate Bank for Gudekota branch. MICR code for Gudekota 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 Gudekota is presented in the table alongside.

Use of Syndicate Bank MICR code for Gudekota branch in gudekota

The MICR code 583025051 is used in RBI cheque clearing process to identify the branch Gudekota 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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