Syndicate Bank Daulatpur Vaishali Bihar MICR CODE

Find MICR Codes for Syndicate Bank Daulatpur Vaishali Bihar

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bishunpur Basant
Contact
Bank Details Syndicate Bank Bishunpur Basant SYNB0007594
Location Daulatpur, Vaishali
City Daulatpur
District Vaishali
State Bihar
Pincode 844102
Country IN
Address Bishunpur basant,daulatpur vill shubhai po,hajipur ps vaishali dt,bihar india 844102
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 Bishunpur Basant 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, Bishunpur Basant branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Bishunpur Basant 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 -

>>Bishunpur Basant

MICR code for Syndicate Bank Bishunpur Basant

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 Bishunpur Basant 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 Bishunpur Basant branch. MICR code for Bishunpur Basant 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 Bishunpur Basant is presented in the table alongside.

Use of Syndicate Bank MICR code for Bishunpur Basant branch in daulatpur

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