Syndicate Bank Naravi Dakshina Kannada Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Naravi Dakshina Kannada Karnataka

MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Naravi
Contact 08258-277233
Bank Details Syndicate Bank Naravi SYNB0000171
Location Naravi, Dakshina Kannada
City Naravi
District Dakshina Kannada
State Karnataka
Pincode 574109
Country IN
Address 2/132 parijatha complex,opp: bus stand,naravi,belthangady taluk,pin-574 109
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 574025710 for Naravi 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 574025710 of Syndicate Bank, Naravi branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Naravi 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 -

>>Naravi

MICR code for Syndicate Bank Naravi

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 Naravi 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. 574025710 is the MICR code of Syndicate Bank for Naravi branch. MICR code for Naravi 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 Naravi is presented in the table alongside.

Use of Syndicate Bank MICR code for Naravi branch in naravi

The MICR code 574025710 is used in RBI cheque clearing process to identify the branch Naravi 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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