MICR Code Bank
Find MICR code for Syndicate Bank Yelaguru branches in India for NEFT and RTGS transfer

Syndicate Bank Yelaguru MICR CODE

Find MICR Codes for Syndicate Bank Yelaguru

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  1. Syndicate Bank »
  2. Karnataka »
  3. bagalkot »
  4. yelaguru (balabatti) »
  5. yelaguru (balabatti)

Find MICR Codes for Syndicate Bank Yelaguru

MICR Code: -NA-
Bank: Syndicate Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Yelaguru (Balabatti)
Contact:
Bank Details: Syndicate Bank Yelaguru (Balabatti) SYNB0000847
Location: Yelaguru (Balabatti), Bagalkot
City: Yelaguru (Balabatti)
District: Bagalkot
State: Karnataka
Pincode: 586213
Country: IN
Address: Gram panchayat building,yalagur,muddebihal taluk,,bagalkote dist, pin 586 213

How does MICR code for yelaguru 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 of Syndicate Bank, yelaguru branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for yelaguru 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

>>Yelaguru (Balabatti)

MICR code for Syndicate Bank yelaguru

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

Use of Syndicate Bank MICR code for yelaguru branch in yelaguru (balabatti)

The MICR code is used in RBI cheque clearing process to identify the branch yelaguru 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.