Syndicate Bank Hirapur Balaghat Madhya Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Hirapur Balaghat Madhya Pradesh

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MICR Code	481025991
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Hirapur
Contact
Bank Details	Syndicate Bank Hirapur SYNB0007748

Location	Hirapur, Balaghat
City	Hirapur
District	Balaghat
State	Madhya Pradesh
Pincode	481102
Country	IN
Address	Hirapur,tehsil balaghat,dist balaghat,hirapur - 481102

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 481025991 for Hirapur 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 481025991 of Syndicate Bank, Hirapur branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Hirapur 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 -

>>Hirapur

MICR code for Syndicate Bank Hirapur

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 Hirapur 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. 481025991 is the MICR code of Syndicate Bank for Hirapur branch. MICR code for Hirapur 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 Hirapur is presented in the table alongside.

Use of Syndicate Bank MICR code for Hirapur branch in hirapur

The MICR code 481025991 is used in RBI cheque clearing process to identify the branch Hirapur 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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