Syndicate Bank Gundagatti Davanagare Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Gundagatti Davanagare Karnataka

Bank	↻ Reload
State
District
City
Branch
Address

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	Gundagatti
Contact
Bank Details	Syndicate Bank Gundagatti SYNB0000619

Location	Gundagatti, Davanagare
City	Gundagatti
District	Davanagare
State	Karnataka
Pincode	583137
Country	IN
Address	Panchayat building, gundagatti, harapanahalli taluk, via telgi, davangere dist, pin 583 137

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 Gundagatti 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, Gundagatti branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Gundagatti 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 -

>>Gundagatti

MICR code for Syndicate Bank Gundagatti

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 Gundagatti 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 Gundagatti branch. MICR code for Gundagatti 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 Gundagatti is presented in the table alongside.

Use of Syndicate Bank MICR code for Gundagatti branch in gundagatti

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gundagatti 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.

Copied!