Syndicate Bank Haldipur Uttara Kannada Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Haldipur Uttara Kannada Karnataka

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Haldipur
Contact
Bank Details Syndicate Bank Haldipur SYNB0000317
Location Haldipur, Uttara Kannada
City Haldipur
District Uttara Kannada
State Karnataka
Pincode 581327
Country IN
Address Agrahar n h 17,haldipur,honnavar taluk,,uttar kannada dist, pin 581 327
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 Haldipur 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, Haldipur branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Haldipur 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 -

>>Haldipur

MICR code for Syndicate Bank Haldipur

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

Use of Syndicate Bank MICR code for Haldipur branch in haldipur

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