Syndicate Bank Nilagiri Baleshwar Orissa MICR CODE

Find MICR Codes for Syndicate Bank Nilagiri Baleshwar Orissa

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MICR Code	756025503
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nilagiri
Contact	2555695
Bank Details	Syndicate Bank Nilagiri SYNB0007255

Location	Nilagiri, Baleshwar
City	Nilagiri
District	Baleshwar
State	Orissa
Pincode	756040
Country	IN
Address	At-baligohini,po-nilagiri dist balasore odisha nilagiri odisha india756040

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 756025503 for Nilagiri 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 756025503 of Syndicate Bank, Nilagiri branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Nilagiri 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 -

>>Nilagiri

MICR code for Syndicate Bank Nilagiri

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 Nilagiri 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. 756025503 is the MICR code of Syndicate Bank for Nilagiri branch. MICR code for Nilagiri 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 Nilagiri is presented in the table alongside.

Use of Syndicate Bank MICR code for Nilagiri branch in nilagiri

The MICR code 756025503 is used in RBI cheque clearing process to identify the branch Nilagiri 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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