Syndicate Bank Faridpur Patna Bihar MICR CODE

Find MICR Codes for Syndicate Bank Faridpur Patna Bihar

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Faridpur
Contact 06111-274426
Bank Details Syndicate Bank Faridpur SYNB0007401
Location Faridpur, Patna
City Faridpur
District Patna
State Bihar
Pincode 801305
Country IN
Address P.o. Pirbadhonavia. Nagarnousafaridpurpin-801 305
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 801025103 for Faridpur 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 801025103 of Syndicate Bank, Faridpur branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Faridpur 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 -

>>Faridpur

MICR code for Syndicate Bank Faridpur

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 Faridpur 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. 801025103 is the MICR code of Syndicate Bank for Faridpur branch. MICR code for Faridpur 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 Faridpur is presented in the table alongside.

Use of Syndicate Bank MICR code for Faridpur branch in faridpur

The MICR code 801025103 is used in RBI cheque clearing process to identify the branch Faridpur 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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