Syndicate Bank Perdoor Udupi Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Perdoor Udupi Karnataka

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Perdoor
Contact
Bank Details Syndicate Bank Perdoor SYNB0000130
Location Perdoor, Udupi
City Perdoor
District Udupi
State Karnataka
Pincode 576124
Country IN
Address Main road,perdoor,udupi tq,,udupi dist, pin 576 124
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 Perdoor 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, Perdoor branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Perdoor 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 -

>>Perdoor

MICR code for Syndicate Bank Perdoor

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 Perdoor 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 Perdoor branch. MICR code for Perdoor 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 Perdoor is presented in the table alongside.

Use of Syndicate Bank MICR code for Perdoor branch in perdoor

The MICR code 0 is used in RBI cheque clearing process to identify the branch Perdoor 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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