Syndicate Bank Sindhanoor Raichur Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Sindhanoor Raichur Karnataka

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sindhanoor
Contact
Bank Details Syndicate Bank Sindhanoor SYNB0001805
Location Sindhanoor, Raichur
City Sindhanoor
District Raichur
State Karnataka
Pincode 584128
Country IN
Address Budiwala complex,ground floor,sindhanoor, pin-584 128
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.

Search Syndicate Bank MICR Codes in raichur

You can search through MICR Codes of Karnataka branches in sindhanoor of District raichur in Karnataka State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Syndicate Bank are available with micr code -

>>Sindhanoor

How to find MICR codes for Syndicate Bank in sindhanoor?

Syndicate Bank sindhanoor MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Syndicate Bank MICR codes list for sindhanoor, one can further search by branch name specified in the table. You can find MICR codes for all Syndicate Bank sindhanoor branches.

Syndicate Bank MICR code in sindhanoor

Syndicate Bank MICR code is a character recognition technology used by banks in the processing of cheques. Syndicate Bank MICR code for sindhanoor branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Syndicate Bank branches in sindhanoor, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Syndicate Bank MICR code for sindhanoor branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Syndicate Bank sindhanoor branch, sprinted 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. Thus MICR code for Syndicate Bank sindhanoor branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Syndicate Bank MICR codes for sindhanoor branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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