Syndicate Bank Kudlgi Kudlgi Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Kudlgi Kudlgi Karnataka

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kudligi
Contact 08391-220002
Bank Details Syndicate Bank Kudligi SYNB0000624
Location Kudlgi, Kudlgi
City Kudlgi
District Kudlgi
State Karnataka
Pincode 583135
Country IN
Address 47a/1b, 1c, bangalore road circle, kudligi bellary district 583135
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 583025111 for Kudligi 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 583025111 of Syndicate Bank, Kudligi branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Kudligi 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 -

>>Kudligi

MICR code for Syndicate Bank Kudligi

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 Kudligi 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. 583025111 is the MICR code of Syndicate Bank for Kudligi branch. MICR code for Kudligi 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 Kudligi is presented in the table alongside.

Use of Syndicate Bank MICR code for Kudligi branch in kudlgi

The MICR code 583025111 is used in RBI cheque clearing process to identify the branch Kudligi 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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