Syndicate Bank Baleshwar Balasore Orissa MICR CODE

Find MICR Codes for Syndicate Bank Baleshwar Balasore Orissa

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Remuna
Contact 2551506
Bank Details Syndicate Bank Remuna SYNB0007997
Location Baleshwar, Balasore
City Baleshwar
District Balasore
State Orissa
Pincode 756019
Country IN
Address Khata no 136/289 plot no 620/158 at madhipur infront of remuna hs remuna post balasore dist odisha india 756019
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 756025502 for Remuna 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 756025502 of Syndicate Bank, Remuna branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Remuna 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 -

>>Remuna

MICR code for Syndicate Bank Remuna

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 Remuna 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. 756025502 is the MICR code of Syndicate Bank for Remuna branch. MICR code for Remuna 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 Remuna is presented in the table alongside.

Use of Syndicate Bank MICR code for Remuna branch in baleshwar

The MICR code 756025502 is used in RBI cheque clearing process to identify the branch Remuna 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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