Syndicate Bank Shirur (Koppal Dist) Koppal Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Shirur (Koppal Dist) Koppal Karnataka

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MICR Code	583025507
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Shirur (Koppal Dist)
Contact	08536-259113
Bank Details	Syndicate Bank Shirur (Koppal Dist) SYNB0001814

Location	Shirur (Koppal Dist), Koppal
City	Shirur (Koppal Dist)
District	Koppal
State	Karnataka
Pincode	583230
Country	IN
Address	Opp mandal panchayat officeshirurvia kinnaltq yelburgapin-583 230

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 583025507 for Shirur (Koppal Dist) 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 583025507 of Syndicate Bank, Shirur (Koppal Dist) branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Shirur (Koppal Dist) 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 -

>>Shirur (Koppal Dist)

MICR code for Syndicate Bank Shirur (Koppal Dist)

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 Shirur (Koppal Dist) 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. 583025507 is the MICR code of Syndicate Bank for Shirur (Koppal Dist) branch. MICR code for Shirur (Koppal Dist) 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 Shirur (Koppal Dist) is presented in the table alongside.

Use of Syndicate Bank MICR code for Shirur (Koppal Dist) branch in shirur (koppal dist)

The MICR code 583025507 is used in RBI cheque clearing process to identify the branch Shirur (Koppal Dist) 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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