Syndicate Bank Dist Ashoknagar Dist Ashoknagar Madhya Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Dist Ashoknagar Dist Ashoknagar Madhya Pradesh

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State
District
City
Branch
Address

MICR Code	-NA-
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ashoknagar
Contact
Bank Details	Syndicate Bank Ashoknagar SYNB0007776

Location	Dist Ashoknagar, Dist Ashoknagar
City	Dist Ashoknagar
District	Dist Ashoknagar
State	Madhya Pradesh
Pincode	473331
Country	IN
Address	Radhey bhavan, vidisha road ashoknagar dist dist ashoknagar madhya pradesh 473331 india

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 0 for Ashoknagar 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 0 of Syndicate Bank, Ashoknagar branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Ashoknagar 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 -

>>Ashoknagar

MICR code for Syndicate Bank Ashoknagar

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 Ashoknagar 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. 0 is the MICR code of Syndicate Bank for Ashoknagar branch. MICR code for Ashoknagar 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 Ashoknagar is presented in the table alongside.

Use of Syndicate Bank MICR code for Ashoknagar branch in dist ashoknagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ashoknagar 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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