Syndicate Bank Udupi Udupi Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Udupi Udupi Karnataka

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nandikur(Mstp Project Area)
Contact
Bank Details Syndicate Bank Nandikur(Mstp Project Area) SYNB0000225
Location Udupi, Udupi
City Udupi
District Udupi
State Karnataka
Pincode 574138
Country IN
Address Padubidri - karkala road, , nandikoor, , udupi, karnataka, 574 138
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 Nandikur(Mstp Project Area) 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, Nandikur(Mstp Project Area) branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Nandikur(Mstp Project Area) branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Nandikur(Mstp Project Area)

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 Nandikur(Mstp Project Area) 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 Nandikur(Mstp Project Area) branch. MICR code for Nandikur(Mstp Project Area) 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 Nandikur(Mstp Project Area) is presented in the table alongside.

Use of Syndicate Bank MICR code for Nandikur(Mstp Project Area) branch in udupi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nandikur(Mstp Project Area) 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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