Syndicate Bank Dist Ashoknagar Dist Ashoknagar Madhya Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Dist Ashoknagar Dist Ashoknagar Madhya Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ashoknagar
Contact
Bank Details Syndicate Bank Ashoknagar SYNB0007776
Location Dist Ashoknagar, Dist Ashoknagar
City Dist Ashoknagar
District Dist Ashoknagar
State Madhya Pradesh
Pincode 473331
Country IN
Address Radhey bhavan, vidisha road ashoknagar dist dist ashoknagar madhya pradesh 473331 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.

Search Syndicate Bank MICR Codes in dist ashoknagar

You can search through MICR Codes of Madhya Pradesh branches in dist ashoknagar of District dist ashoknagar in Madhya 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 -

>>Ashoknagar

How to find MICR codes for Syndicate Bank in dist ashoknagar?

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

Syndicate Bank MICR code in dist ashoknagar

Syndicate Bank MICR code is a character recognition technology used by banks in the processing of cheques. Syndicate Bank MICR code for dist ashoknagar 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 dist ashoknagar, 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 dist ashoknagar 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 dist ashoknagar 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 dist ashoknagar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Syndicate Bank MICR codes for dist ashoknagar 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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