Syndicate Bank Bokaro Bokaro Jharkhand MICR CODE

Find MICR Codes for Syndicate Bank Bokaro Bokaro Jharkhand

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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	Bokaro Chira
Contact	2203678
Bank Details	Syndicate Bank Bokaro Chira SYNB0007458

Location	Bokaro, Bokaro
City	Bokaro
District	Bokaro
State	Jharkhand
Pincode	827013
Country	IN
Address	Plot no 729 omkar sadan chira chas bokaro jharkhand 827013

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 Bokaro Chira 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, Bokaro Chira branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Bokaro Chira branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Syndicate Bank are available with micr code -

>>Bokaro Chira >>Chas >>Jaina More

MICR code for Syndicate Bank Bokaro Chira

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 Bokaro Chira 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 Bokaro Chira branch. MICR code for Bokaro Chira 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 Bokaro Chira is presented in the table alongside.

Use of Syndicate Bank MICR code for Bokaro Chira branch in bokaro

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