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Syndicate Bank Mangalore Dakshina Kannada Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Mangalore Dakshina Kannada Karnataka

MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bengre Mangalore
Contact 0824-2455692
Bank Details Syndicate Bank Bengre Mangalore SYNB0000190
Location Mangalore, Dakshina Kannada
City Mangalore
District Dakshina Kannada
State Karnataka
Pincode 575001
Country IN
Address Thota village, sandspit, bengre, mangalore, pin-575 001
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 575025038 for Bengre Mangalore 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 575025038 of Syndicate Bank, Bengre Mangalore branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Bengre Mangalore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Bengre Mangalore

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 Bengre Mangalore 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. 575025038 is the MICR code of Syndicate Bank for Bengre Mangalore branch. MICR code for Bengre Mangalore 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 Bengre Mangalore is presented in the table alongside.

Use of Syndicate Bank MICR code for Bengre Mangalore branch in mangalore

The MICR code 575025038 is used in RBI cheque clearing process to identify the branch Bengre Mangalore 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.