Syndicate Bank Hunsur Mysore Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Hunsur Mysore Karnataka

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MICR Code	571025054
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Hanagodu
Contact	2568544
Bank Details	Syndicate Bank Hanagodu SYNB0001746

Location	Hunsur, Mysore
City	Hunsur
District	Mysore
State	Karnataka
Pincode	571105
Country	IN
Address	Janjar no 401/a,assessment no 432/1 next to new bus stand hanagodu,hunsur karnataka india 571106

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 571025054 for Hanagodu 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 571025054 of Syndicate Bank, Hanagodu branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Hanagodu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Syndicate Bank are available with micr code -

>>Hanagodu >>Hunsur

MICR code for Syndicate Bank Hanagodu

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 Hanagodu 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. 571025054 is the MICR code of Syndicate Bank for Hanagodu branch. MICR code for Hanagodu 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 Hanagodu is presented in the table alongside.

Use of Syndicate Bank MICR code for Hanagodu branch in hunsur

The MICR code 571025054 is used in RBI cheque clearing process to identify the branch Hanagodu 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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