Syndicate Bank Chandu Budhera Gurgaon Haryana MICR CODE

Find MICR Codes for Syndicate Bank Chandu Budhera Gurgaon Haryana

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MICR Code	123025203
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Chandu Budhera
Contact
Bank Details	Syndicate Bank Chandu Budhera SYNB0008307

Location	Chandu Budhera, Gurgaon
City	Chandu Budhera
District	Gurgaon
State	Haryana
Pincode	123505
Country	IN
Address	C/o yadav properties main gurgaon-jhajjar road vpo chandu budhera -123505

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 123025203 for Chandu Budhera 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 123025203 of Syndicate Bank, Chandu Budhera branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Chandu Budhera 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 -

>>Chandu Budhera

MICR code for Syndicate Bank Chandu Budhera

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 Chandu Budhera 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. 123025203 is the MICR code of Syndicate Bank for Chandu Budhera branch. MICR code for Chandu Budhera 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 Chandu Budhera is presented in the table alongside.

Use of Syndicate Bank MICR code for Chandu Budhera branch in chandu budhera

The MICR code 123025203 is used in RBI cheque clearing process to identify the branch Chandu Budhera 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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