Syndicate Bank Hootagalli Mysore Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Hootagalli Mysore Karnataka

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hootagalli
Contact
Bank Details Syndicate Bank Hootagalli SYNB0001729
Location Hootagalli, Mysore
City Hootagalli
District Mysore
State Karnataka
Pincode 570018
Country IN
Address Khata no 681 sy no 90 krs road hootagalli mysore 570018
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.

Search Syndicate Bank MICR Codes in mysore

You can search through MICR Codes of Karnataka branches in hootagalli of District mysore in Karnataka State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Syndicate Bank are available with micr code -

>>Hootagalli

How to find MICR codes for Syndicate Bank in hootagalli?

Syndicate Bank hootagalli MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Syndicate Bank MICR codes list for hootagalli, one can further search by branch name specified in the table. You can find MICR codes for all Syndicate Bank hootagalli branches.

Syndicate Bank MICR code in hootagalli

Syndicate Bank MICR code is a character recognition technology used by banks in the processing of cheques. Syndicate Bank MICR code for hootagalli branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Syndicate Bank branches in hootagalli, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Syndicate Bank MICR code for hootagalli branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Syndicate Bank hootagalli branch, sprinted 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. Thus MICR code for Syndicate Bank hootagalli branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Syndicate Bank MICR codes for hootagalli branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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