Syndicate Bank Bangalore Urban Bangalore Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Bangalore Urban Bangalore Karnataka

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MICR Code	-NA-
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Koramangala Industrial Layout
Contact	22422149
Bank Details	Syndicate Bank Koramangala Industrial Layout SYNB0000765

Location	Bangalore Urban, Bangalore
City	Bangalore Urban
District	Bangalore
State	Karnataka
Pincode	560034
Country	IN
Address	No 73,amit chambers opp bhima jewellers,koramangala industrial layout bangalore karnataka india 560095

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

A total of 4 branches of Syndicate Bank are available with micr code -

>>Koramangala Industrial Layout >>Ro Bangalore East >>Ro Bangalore North >>Stressed Asset Management Bengaluru

MICR code for Syndicate Bank Koramangala Industrial Layout

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 Koramangala Industrial Layout 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 Koramangala Industrial Layout branch. MICR code for Koramangala Industrial Layout 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 Koramangala Industrial Layout is presented in the table alongside.

Use of Syndicate Bank MICR code for Koramangala Industrial Layout branch in bangalore urban

The MICR code 0 is used in RBI cheque clearing process to identify the branch Koramangala Industrial Layout 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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