Syndicate Bank Bellary Eay Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Bellary Eay Karnataka

↻ Reload
MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Halkundi
Contact 9449860600
Bank Details Syndicate Bank Halkundi SYNB0000639
Location Bellary, Eay
City Bellary
District Eay
State Karnataka
Pincode 583101
Country IN
Address Ward no 01 02 near karisiddeshwara temple halkundi village bellary bellary karnataka 583101
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 Halkundi 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, Halkundi branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Halkundi 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 -

>>Halkundi

MICR code for Syndicate Bank Halkundi

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

Use of Syndicate Bank MICR code for Halkundi branch in bellary

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