Syndicate Bank Bagumara Surat Gujarat MICR CODE

Find MICR Codes for Syndicate Bank Bagumara Surat Gujarat

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bagumara
Contact 02622-263469
Bank Details Syndicate Bank Bagumara SYNB0007171
Location Bagumara, Surat
City Bagumara
District Surat
State Gujarat
Pincode 394605
Country IN
Address Bagumarapalsana talukpin-394 605
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.

Search Syndicate Bank MICR Codes in surat

You can search through MICR Codes of Gujarat branches in bagumara of District surat in Gujarat State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Syndicate Bank are available with micr code -

>>Bagumara

How to find MICR codes for Syndicate Bank in bagumara?

Syndicate Bank bagumara MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Syndicate Bank MICR codes list for bagumara, one can further search by branch name specified in the table. You can find MICR codes for all Syndicate Bank bagumara branches.

Syndicate Bank MICR code in bagumara

Syndicate Bank MICR code is a character recognition technology used by banks in the processing of cheques. Syndicate Bank MICR code for bagumara branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Syndicate Bank branches in bagumara, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Syndicate Bank MICR code for bagumara branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Syndicate Bank bagumara branch, sprinted 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. Thus MICR code for Syndicate Bank bagumara branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Syndicate Bank MICR codes for bagumara branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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