Syndicate Bank Bangurigaon Puri Orissa MICR CODE

Find MICR Codes for Syndicate Bank Bangurigaon Puri Orissa

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Srichandanpur Ananda Bazar
Contact 9437071208
Bank Details Syndicate Bank Srichandanpur Ananda Bazar SYNB0007269
Location Bangurigaon, Puri
City Bangurigaon
District Puri
State Orissa
Pincode 752118
Country IN
Address Plot no 47,at -srichandanpur ananda bazar po -bangurigaon,dist -puri bhubaneswar odisha india 752118
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 Srichandanpur Ananda Bazar 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, Srichandanpur Ananda Bazar branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Srichandanpur Ananda Bazar 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 -

>>Srichandanpur Ananda Bazar

MICR code for Syndicate Bank Srichandanpur Ananda Bazar

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 Srichandanpur Ananda Bazar 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 Srichandanpur Ananda Bazar branch. MICR code for Srichandanpur Ananda Bazar 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 Srichandanpur Ananda Bazar is presented in the table alongside.

Use of Syndicate Bank MICR code for Srichandanpur Ananda Bazar branch in bangurigaon

The MICR code 0 is used in RBI cheque clearing process to identify the branch Srichandanpur Ananda Bazar 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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