Syndicate Bank Dist Jajpur Dist Jajpur Orissa MICR CODE

Find MICR Codes for Syndicate Bank Dist Jajpur Dist Jajpur Orissa

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chandital
Contact
Bank Details Syndicate Bank Chandital SYNB0008081
Location Dist Jajpur, Dist Jajpur
City Dist Jajpur
District Dist Jajpur
State Orissa
Pincode 754024
Country IN
Address Plot no 1921 at chandital block badachana dist jajpur odisha 754024 india
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 754025514 for Chandital 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 754025514 of Syndicate Bank, Chandital branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Chandital 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 -

>>Chandital

MICR code for Syndicate Bank Chandital

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 Chandital 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. 754025514 is the MICR code of Syndicate Bank for Chandital branch. MICR code for Chandital 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 Chandital is presented in the table alongside.

Use of Syndicate Bank MICR code for Chandital branch in dist jajpur

The MICR code 754025514 is used in RBI cheque clearing process to identify the branch Chandital 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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