Syndicate Bank Faridabad Faridabad Haryana MICR CODE

Find MICR Codes for Syndicate Bank Faridabad Faridabad Haryana

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Faridabad Sector 21C
Contact
Bank Details Syndicate Bank Faridabad Sector 21C SYNB0008299
Location Faridabad, Faridabad
City Faridabad
District Faridabad
State Haryana
Pincode 121001
Country IN
Address Sco 138 sector 21c market,faridabad ,,,faridabad,haryana,121 001
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 110025203 for Faridabad Sector 21C 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 110025203 of Syndicate Bank, Faridabad Sector 21C branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Faridabad Sector 21C branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Faridabad Sector 21C

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 Faridabad Sector 21C 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. 110025203 is the MICR code of Syndicate Bank for Faridabad Sector 21C branch. MICR code for Faridabad Sector 21C 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 Faridabad Sector 21C is presented in the table alongside.

Use of Syndicate Bank MICR code for Faridabad Sector 21C branch in faridabad

The MICR code 110025203 is used in RBI cheque clearing process to identify the branch Faridabad Sector 21C 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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