Syndicate Bank Kolkata Kolkata West Bengal MICR CODE

Find MICR Codes for Syndicate Bank Kolkata Kolkata West Bengal

MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kolkata Bhowanipur
Contact
Bank Details Syndicate Bank Kolkata Bhowanipur SYNB0009586
Location Kolkata, Kolkata
City Kolkata
District Kolkata
State West Bengal
Pincode 700026
Country IN
Address 31 ground floor, allenby road, ward no 10, bhowanipur, kolkata, kolkata, west bengal, 700 026
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 700025038 for Kolkata Bhowanipur 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 700025038 of Syndicate Bank, Kolkata Bhowanipur branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Kolkata Bhowanipur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Kolkata Bhowanipur

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 Kolkata Bhowanipur 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. 700025038 is the MICR code of Syndicate Bank for Kolkata Bhowanipur branch. MICR code for Kolkata Bhowanipur 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 Kolkata Bhowanipur is presented in the table alongside.

Use of Syndicate Bank MICR code for Kolkata Bhowanipur branch in kolkata

The MICR code 700025038 is used in RBI cheque clearing process to identify the branch Kolkata Bhowanipur 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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