Syndicate Bank Yadgiri Gulbarga Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Yadgiri Gulbarga Karnataka

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kakkera
Contact 276333
Bank Details Syndicate Bank Kakkera SYNB0001318
Location Yadgiri, Gulbarga
City Yadgiri
District Gulbarga
State Karnataka
Pincode 585215
Country IN
Address Plot no 12 86by54 and 55,ward no 7 tinthini balshettihal main road tq shorapur,dist yadagiri karnataka india 585215
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 585025203 for Kakkera 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 585025203 of Syndicate Bank, Kakkera branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Kakkera branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Syndicate Bank are available with micr code -

>>Kakkera >>Kodekal >>Sagar >>Shahapur >>Shorapur

MICR code for Syndicate Bank Kakkera

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 Kakkera 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. 585025203 is the MICR code of Syndicate Bank for Kakkera branch. MICR code for Kakkera 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 Kakkera is presented in the table alongside.

Use of Syndicate Bank MICR code for Kakkera branch in yadgiri

The MICR code 585025203 is used in RBI cheque clearing process to identify the branch Kakkera 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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