Syndicate Bank Bhubaneswar Khurda Orissa MICR CODE

Find MICR Codes for Syndicate Bank Bhubaneswar Khurda Orissa

↻ Reload
MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jagamara
Contact 2555695
Bank Details Syndicate Bank Jagamara SYNB0007280
Location Bhubaneswar, Khurda
City Bhubaneswar
District Khurda
State Orissa
Pincode 751019
Country IN
Address Plot no 1556 p and 1561 p khata no 1152,mauza jagamara khandagiri,bhubaneswar,dist khurda odisha india 751019
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 0 for Jagamara 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 0 of Syndicate Bank, Jagamara branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Jagamara branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Jagamara

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 Jagamara 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. 0 is the MICR code of Syndicate Bank for Jagamara branch. MICR code for Jagamara 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 Jagamara is presented in the table alongside.

Use of Syndicate Bank MICR code for Jagamara branch in bhubaneswar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Jagamara 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!