Syndicate Bank Mangalore Koppal Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Mangalore Koppal Karnataka

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kedila
Contact 2441958
Bank Details Syndicate Bank Kedila SYNB0000947
Location Mangalore, Koppal
City Mangalore
District Koppal
State Karnataka
Pincode 574220
Country IN
Address Gandhi nagar, opp sridevi bhajana mandira, po kedila, taluk bantwal, dist d k , karnataka india 574220
MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kedila
Contact 2441958
Bank Details Syndicate Bank Kedila SYNB0000947
Location Mangalore, Koppal
City Mangalore
District Koppal
State Karnataka
Pincode 574220
Country IN
Address Gandhi nagar, opp sridevi bhajana mandira, po kedila, taluk bantwal, dist d k , karnataka india 574220
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 Kedila 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, Kedila branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Kedila branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Syndicate Bank are available with micr code -

>>Kedila >>Kedila

MICR code for Syndicate Bank Kedila

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 Kedila 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 Kedila branch. MICR code for Kedila 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 Kedila is presented in the table alongside.

Use of Syndicate Bank MICR code for Kedila branch in mangalore

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