Syndicate Bank Dist Jagatsinghpur Dist Jagatsinghpur Orissa MICR CODE

Find MICR Codes for Syndicate Bank Dist Jagatsinghpur Dist Jagatsinghpur Orissa

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sabhamula
Contact
Bank Details Syndicate Bank Sabhamula SYNB0008084
Location Dist Jagatsinghpur, Dist Jagatsinghpur
City Dist Jagatsinghpur
District Dist Jagatsinghpur
State Orissa
Pincode 754114
Country IN
Address At sabhamula po palasa dist jagatsinghpur odisha 754114 india
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 754025515 for Sabhamula 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 754025515 of Syndicate Bank, Sabhamula branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Sabhamula 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 -

>>Sabhamula

MICR code for Syndicate Bank Sabhamula

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 Sabhamula 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. 754025515 is the MICR code of Syndicate Bank for Sabhamula branch. MICR code for Sabhamula 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 Sabhamula is presented in the table alongside.

Use of Syndicate Bank MICR code for Sabhamula branch in dist jagatsinghpur

The MICR code 754025515 is used in RBI cheque clearing process to identify the branch Sabhamula 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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