Syndicate Bank Karajgi Haveri Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Karajgi Haveri Karnataka

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MICR Code	581025125
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Karajgi
Contact	08375-239226
Bank Details	Syndicate Bank Karajgi SYNB0001221

Location	Karajgi, Haveri
City	Karajgi
District	Haveri
State	Karnataka
Pincode	581112
Country	IN
Address	K k thimmannavar buildingkarajgipin-581 112

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 581025125 for Karajgi 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 581025125 of Syndicate Bank, Karajgi branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Karajgi 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 -

>>Karajgi

MICR code for Syndicate Bank Karajgi

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 Karajgi 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. 581025125 is the MICR code of Syndicate Bank for Karajgi branch. MICR code for Karajgi 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 Karajgi is presented in the table alongside.

Use of Syndicate Bank MICR code for Karajgi branch in karajgi

The MICR code 581025125 is used in RBI cheque clearing process to identify the branch Karajgi 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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