Syndicate Bank Ichalakaranji Kolhapur Maharashtra MICR CODE

Find MICR Codes for Syndicate Bank Ichalakaranji Kolhapur Maharashtra

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MICR Code
Bank Syndicate Bank
Business Hours
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.

Search Syndicate Bank MICR Codes in kolhapur

You can search through MICR Codes of Maharashtra branches in ichalakaranji of District kolhapur in Maharashtra 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 -

>>Ichalakaranji

How to find MICR codes for Syndicate Bank in ichalakaranji?

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

Syndicate Bank MICR code in ichalakaranji

Syndicate Bank MICR code is a character recognition technology used by banks in the processing of cheques. Syndicate Bank MICR code for ichalakaranji 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 ichalakaranji, 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 ichalakaranji 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 ichalakaranji 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 ichalakaranji branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Syndicate Bank MICR codes for ichalakaranji 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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