Syndicate Bank Mulki Dakshina Kannada Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Mulki Dakshina Kannada Karnataka

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vijaya College Mulki
Contact 0824-2290857
Bank Details Syndicate Bank Vijaya College Mulki SYNB0000250
Location Mulki, Dakshina Kannada
City Mulki
District Dakshina Kannada
State Karnataka
Pincode 574154
Country IN
Address Vijaya college,college road,mulki,,pin-574 154
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 575025503 for Vijaya College Mulki 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 575025503 of Syndicate Bank, Vijaya College Mulki branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Vijaya College Mulki branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Syndicate Bank are available with micr code -

>>Mulki >>Vijaya College Mulki

MICR code for Syndicate Bank Vijaya College Mulki

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 Vijaya College Mulki 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. 575025503 is the MICR code of Syndicate Bank for Vijaya College Mulki branch. MICR code for Vijaya College Mulki 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 Vijaya College Mulki is presented in the table alongside.

Use of Syndicate Bank MICR code for Vijaya College Mulki branch in mulki

The MICR code 575025503 is used in RBI cheque clearing process to identify the branch Vijaya College Mulki 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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