Syndicate Bank Bijapur Bijapur Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Bijapur Bijapur Karnataka

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MICR Code	587025512
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Hosur Bijapur
Contact	267888
Bank Details	Syndicate Bank Hosur Bijapur SYNB0000871

Location	Bijapur, Bijapur
City	Bijapur
District	Bijapur
State	Karnataka
Pincode	587117
Country	IN
Address	Near ramanagouda patil petrol pump krishna nagar hosur bijapur karnataka 587117

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 587025512 for Hosur Bijapur 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 587025512 of Syndicate Bank, Hosur Bijapur branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Hosur Bijapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 19 branches of Syndicate Bank are available with micr code -

>>Atharga >>Babaleshwar >>Babaleshwar >>Bijapur Alameen Medical College >>Bijapur Godbolemala >>Bijapur Karnataka Womens Uty >>Bijapur Main >>Chadchan >>Devar Hippargi >>Dhavalgi >>Horti >>Hosur Bijapur >>Huvin Hippargi >>Korwar >>Muddebihal >>R O Bijapur >>Sindgi >>Vijayapuraashram Road >>Vijayapuratrimurthy Nagar

MICR code for Syndicate Bank Hosur Bijapur

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 Hosur Bijapur 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. 587025512 is the MICR code of Syndicate Bank for Hosur Bijapur branch. MICR code for Hosur Bijapur 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 Hosur Bijapur is presented in the table alongside.

Use of Syndicate Bank MICR code for Hosur Bijapur branch in bijapur

The MICR code 587025512 is used in RBI cheque clearing process to identify the branch Hosur Bijapur 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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