Syndicate Bank Bhumel Kheda Gujarat MICR CODE

Find MICR Codes for Syndicate Bank Bhumel Kheda Gujarat

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhumel
Contact
Bank Details Syndicate Bank Bhumel SYNB0007112
Location Bhumel, Kheda
City Bhumel
District Kheda
State Gujarat
Pincode 387370
Country IN
Address Patel samaj pustakalaya bldg.,bhumel, p.o. Uttarsanda,, pin-387 370
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 Bhumel 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, Bhumel branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Bhumel 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 -

>>Bhumel

MICR code for Syndicate Bank Bhumel

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 Bhumel 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 Bhumel branch. MICR code for Bhumel 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 Bhumel is presented in the table alongside.

Use of Syndicate Bank MICR code for Bhumel branch in bhumel

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