Syndicate Bank Bangalore Urban Bangalore Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Bangalore Urban Bangalore Karnataka

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ro Bangalore East
Contact
Bank Details Syndicate Bank Ro Bangalore East SYNB0000774
Location Bangalore Urban, Bangalore
City Bangalore Urban
District Bangalore
State Karnataka
Pincode 560004
Country IN
Address Syndicate bank regional office nettakallappa circle,bangalore karnataka india 560004
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 Ro Bangalore East 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, Ro Bangalore East branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Ro Bangalore East branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Syndicate Bank are available with micr code -

>>Koramangala Industrial Layout >>Ro Bangalore East >>Ro Bangalore North >>Stressed Asset Management Bengaluru

MICR code for Syndicate Bank Ro Bangalore East

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 Ro Bangalore East 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 Ro Bangalore East branch. MICR code for Ro Bangalore East 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 Ro Bangalore East is presented in the table alongside.

Use of Syndicate Bank MICR code for Ro Bangalore East branch in bangalore urban

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ro Bangalore East 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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