Syndicate Bank Gwalior Gwalior Madhya Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Gwalior Gwalior Madhya Pradesh

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MICR Code	474025003
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Gwalior City Centre
Contact
Bank Details	Syndicate Bank Gwalior City Centre SYNB0007781

Location	Gwalior, Gwalior
City	Gwalior
District	Gwalior
State	Madhya Pradesh
Pincode	474011
Country	IN
Address	Jeevan prakash building,citi centre,lic of india d. O.,gwalior,gwalior,madhya pradesh,474 011

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 474025003 for Gwalior City Centre 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 474025003 of Syndicate Bank, Gwalior City Centre branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Gwalior City Centre branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Syndicate Bank are available with micr code -

>>Gwalior >>Gwalior City Centre >>Gwalior Maharajbada >>Hazira >>Nai Sadak Gwalior >>Transport Nagar Gwalior

MICR code for Syndicate Bank Gwalior City Centre

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 Gwalior City Centre 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. 474025003 is the MICR code of Syndicate Bank for Gwalior City Centre branch. MICR code for Gwalior City Centre 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 Gwalior City Centre is presented in the table alongside.

Use of Syndicate Bank MICR code for Gwalior City Centre branch in gwalior

The MICR code 474025003 is used in RBI cheque clearing process to identify the branch Gwalior City Centre 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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