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 Kodekal
Contact 277111
Bank Details Syndicate Bank Kodekal SYNB0001319
Location Yadgiri, Gulbarga
City Yadgiri
District Gulbarga
State Karnataka
Pincode 585235
Country IN
Address Near ukp camp,narayanapur main road vill and po kodekal,tq shorapur dist yadagiri india 585235
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 585025204 for Kodekal 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 585025204 of Syndicate Bank, Kodekal branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Kodekal 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 Kodekal

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 Kodekal 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. 585025204 is the MICR code of Syndicate Bank for Kodekal branch. MICR code for Kodekal 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 Kodekal is presented in the table alongside.

Use of Syndicate Bank MICR code for Kodekal branch in yadgiri

The MICR code 585025204 is used in RBI cheque clearing process to identify the branch Kodekal 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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