Syndicate Bank Daurara Moradabad Uttar Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Daurara Moradabad Uttar Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Daurara
Contact 05924-243052
Bank Details Syndicate Bank Daurara SYNB0008605
Location Daurara, Moradabad
City Daurara
District Moradabad
State Uttar Pradesh
Pincode 244241
Country IN
Address Vill & po:daurarahasanpur rehra roadblock gangeshwaripin-244 241
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.

Search Syndicate Bank MICR Codes in moradabad

You can search through MICR Codes of Uttar Pradesh branches in daurara of District moradabad in Uttar Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Syndicate Bank are available with micr code -

>>Daurara

How to find MICR codes for Syndicate Bank in daurara?

Syndicate Bank daurara MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Syndicate Bank MICR codes list for daurara, one can further search by branch name specified in the table. You can find MICR codes for all Syndicate Bank daurara branches.

Syndicate Bank MICR code in daurara

Syndicate Bank MICR code is a character recognition technology used by banks in the processing of cheques. Syndicate Bank MICR code for daurara branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Syndicate Bank branches in daurara, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Syndicate Bank MICR code for daurara branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Syndicate Bank daurara branch, sprinted 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. Thus MICR code for Syndicate Bank daurara branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Syndicate Bank MICR codes for daurara branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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