Syndicate Bank Baddi Baddi Himachal Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Baddi Baddi Himachal Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Baddi
Contact 01795-244496
Bank Details Syndicate Bank Baddi SYNB0008991
Location Baddi, Baddi
City Baddi
District Baddi
State Himachal Pradesh
Pincode 173205
Country IN
Address Sco no 12 laj complex sai road baddi himachal pradesh 173205
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 160025009 for Baddi 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 160025009 of Syndicate Bank, Baddi branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Baddi 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 -

>>Baddi

MICR code for Syndicate Bank Baddi

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 Baddi 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. 160025009 is the MICR code of Syndicate Bank for Baddi branch. MICR code for Baddi 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 Baddi is presented in the table alongside.

Use of Syndicate Bank MICR code for Baddi branch in baddi

The MICR code 160025009 is used in RBI cheque clearing process to identify the branch Baddi 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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