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Syndicate Bank Samantpuri Khurda Orissa MICR CODE

Find MICR Codes for Syndicate Bank Samantpuri Khurda Orissa

Bank
State
District
City
Branch
Address

MICR Code	751025004
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Iit Ec Bhubaneswar
Contact	9437579497
Bank Details	Syndicate Bank Iit Ec Bhubaneswar SYNB0002428

Location	Samantpuri, Khurda
City	Samantpuri
District	Khurda
State	Orissa
Pincode	751013
Country	IN
Address	Indian institute of technology, samantpuri, khurda dist, bhubaneswar - 751013

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 751025004 for Iit Ec Bhubaneswar 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 751025004 of Syndicate Bank, Iit Ec Bhubaneswar branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Iit Ec Bhubaneswar 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 -

>>Iit Ec Bhubaneswar

MICR code for Syndicate Bank Iit Ec Bhubaneswar

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 Iit Ec Bhubaneswar 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. 751025004 is the MICR code of Syndicate Bank for Iit Ec Bhubaneswar branch. MICR code for Iit Ec Bhubaneswar 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 Iit Ec Bhubaneswar is presented in the table alongside.

Use of Syndicate Bank MICR code for Iit Ec Bhubaneswar branch in samantpuri

The MICR code 751025004 is used in RBI cheque clearing process to identify the branch Iit Ec Bhubaneswar 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.