Syndicate Bank Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Bangalore Bangalore Karnataka

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MICR Code	560025105
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kasturinagar Banglore
Contact	9449860180
Bank Details	Syndicate Bank Kasturinagar Banglore SYNB0000668

Location	Bangalore, Bangalore
City	Bangalore
District	Bangalore
State	Karnataka
Pincode	560043
Country	IN
Address	4c 121 pushpagiri, 4th cross, kasturinagar, bangalore 560043

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 560025105 for Kasturinagar Banglore 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 560025105 of Syndicate Bank, Kasturinagar Banglore branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Kasturinagar Banglore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 34 branches of Syndicate Bank are available with micr code -

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MICR code for Syndicate Bank Kasturinagar Banglore

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 Kasturinagar Banglore 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. 560025105 is the MICR code of Syndicate Bank for Kasturinagar Banglore branch. MICR code for Kasturinagar Banglore 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 Kasturinagar Banglore is presented in the table alongside.

Use of Syndicate Bank MICR code for Kasturinagar Banglore branch in bangalore

The MICR code 560025105 is used in RBI cheque clearing process to identify the branch Kasturinagar Banglore 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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