Syndicate Bank Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Bangalore Bangalore Karnataka

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MICR Code	560025994
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sbshoppe Vijayanagar Bnglr
Contact	080-23500760
Bank Details	Syndicate Bank Sbshoppe Vijayanagar Bnglr SYNB0002419

Location	Bangalore, Bangalore
City	Bangalore
District	Bangalore
State	Karnataka
Pincode	560040
Country	IN
Address	Nagarbhavi roaddoor no 1, nagarbhavi rd, 8th main, 2nd stage vijayanagar pin-560040

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 560025994 for Sbshoppe Vijayanagar Bnglr 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 560025994 of Syndicate Bank, Sbshoppe Vijayanagar Bnglr branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Sbshoppe Vijayanagar Bnglr branch, makes the characters readable even if there are other marks and stamps on it.

A total of 34 branches of Syndicate Bank are available with micr code -

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MICR code for Syndicate Bank Sbshoppe Vijayanagar Bnglr

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 Sbshoppe Vijayanagar Bnglr 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. 560025994 is the MICR code of Syndicate Bank for Sbshoppe Vijayanagar Bnglr branch. MICR code for Sbshoppe Vijayanagar Bnglr 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 Sbshoppe Vijayanagar Bnglr is presented in the table alongside.

Use of Syndicate Bank MICR code for Sbshoppe Vijayanagar Bnglr branch in bangalore

The MICR code 560025994 is used in RBI cheque clearing process to identify the branch Sbshoppe Vijayanagar Bnglr 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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