Syndicate Bank Yamunanagar Yamunanagar Haryana MICR CODE

Find MICR Codes for Syndicate Bank Yamunanagar Yamunanagar Haryana

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Darajpur
Contact 2727109
Bank Details Syndicate Bank Darajpur SYNB0008184
Location Yamunanagar, Yamunanagar
City Yamunanagar
District Yamunanagar
State Haryana
Pincode 133103
Country IN
Address Vill-darajpur distt yamunanagar darajpur yamunanagar haryana india 133103
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 Darajpur 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, Darajpur branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Darajpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Syndicate Bank are available with micr code -

>>Darajpur >>Yamunanagar Jagadhari

MICR code for Syndicate Bank Darajpur

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

Use of Syndicate Bank MICR code for Darajpur branch in yamunanagar

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