Syndicate Bank Ichalakaranji Kolhapur Maharashtra MICR CODE

Find MICR Codes for Syndicate Bank Ichalakaranji Kolhapur Maharashtra

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	416025006
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ichalakaranji
Contact	0230-2421022
Bank Details	Syndicate Bank Ichalakaranji SYNB0005231

Location	Ichalakaranji, Kolhapur
City	Ichalakaranji
District	Kolhapur
State	Maharashtra
Pincode	416115
Country	IN
Address	143, ward no 11geetha bhavan, main roadichalakaranjipin-416 115

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 416025006 for Ichalakaranji 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 416025006 of Syndicate Bank, Ichalakaranji branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Ichalakaranji 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 -

>>Ichalakaranji

MICR code for Syndicate Bank Ichalakaranji

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 Ichalakaranji 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. 416025006 is the MICR code of Syndicate Bank for Ichalakaranji branch. MICR code for Ichalakaranji 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 Ichalakaranji is presented in the table alongside.

Use of Syndicate Bank MICR code for Ichalakaranji branch in ichalakaranji

The MICR code 416025006 is used in RBI cheque clearing process to identify the branch Ichalakaranji 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!