Syndicate Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Bangalore Bangalore Urban Karnataka

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sultanpalya Bangalore
Contact 9449860011
Bank Details Syndicate Bank Sultanpalya Bangalore SYNB0000698
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560032
Country IN
Address No 1 2nd main road ward no 95 sultanpalya bangalore karnataka 560032
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 560025130 for Sultanpalya Bangalore 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 560025130 of Syndicate Bank, Sultanpalya Bangalore branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Sultanpalya Bangalore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 91 branches of Syndicate Bank are available with micr code -

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MICR code for Syndicate Bank Sultanpalya Bangalore

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 Sultanpalya Bangalore 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. 560025130 is the MICR code of Syndicate Bank for Sultanpalya Bangalore branch. MICR code for Sultanpalya Bangalore 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 Sultanpalya Bangalore is presented in the table alongside.

Use of Syndicate Bank MICR code for Sultanpalya Bangalore branch in bangalore

The MICR code 560025130 is used in RBI cheque clearing process to identify the branch Sultanpalya Bangalore 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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