Syndicate Bank Distt Bathinda Distt Bathinda Punjab MICR CODE

Find MICR Codes for Syndicate Bank Distt Bathinda Distt Bathinda Punjab

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gehri Butter
Contact
Bank Details Syndicate Bank Gehri Butter SYNB0008106
Location Distt Bathinda, Distt Bathinda
City Distt Bathinda
District Distt Bathinda
State Punjab
Pincode 151401
Country IN
Address V and po gehri butter,dabwali road, the sangat,distt bathinda,distt bathinda,punjab,151401
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 Gehri Butter 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, Gehri Butter branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Gehri Butter 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 -

>>Gehri Butter

MICR code for Syndicate Bank Gehri Butter

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 Gehri Butter 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 Gehri Butter branch. MICR code for Gehri Butter 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 Gehri Butter is presented in the table alongside.

Use of Syndicate Bank MICR code for Gehri Butter branch in distt bathinda

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