Syndicate Bank Bellary Bellary Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Bellary Bellary Karnataka

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MICR Code	583025534
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Veniveerapur
Contact	9449860661
Bank Details	Syndicate Bank Veniveerapur SYNB0000640

Location	Bellary, Bellary
City	Bellary
District	Bellary
State	Karnataka
Pincode	583115
Country	IN
Address	H/o k nagesh s/o doddabasappa veniveerapura post bellary karnataka india 583115

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 583025534 for Veniveerapur 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 583025534 of Syndicate Bank, Veniveerapur branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Veniveerapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of Syndicate Bank are available with micr code -

>>Belagal >>Bellary (Main) >>Bellary Royal Circle >>Hagaribommanahalli >>Hosahalli Kudligi >>Infantry Road Ballari >>Ittigi >>Kottur Bella >>Kudithini Bellary Thermal Power Station >>Mundargi Industrial Area Bellary >>R O Bellary >>Thoranagal >>Tungabhadra Dam >>Veniveerapur >>Zilla Panchayath Office

MICR code for Syndicate Bank Veniveerapur

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 Veniveerapur 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. 583025534 is the MICR code of Syndicate Bank for Veniveerapur branch. MICR code for Veniveerapur 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 Veniveerapur is presented in the table alongside.

Use of Syndicate Bank MICR code for Veniveerapur branch in bellary

The MICR code 583025534 is used in RBI cheque clearing process to identify the branch Veniveerapur 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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