Syndicate Bank Ikonda Moradabad Uttar Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Ikonda Moradabad Uttar Pradesh

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State
District
City
Branch
Address

MICR Code	-NA-
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ikonda
Contact
Bank Details	Syndicate Bank Ikonda SYNB0008632

Location	Ikonda, Moradabad
City	Ikonda
District	Moradabad
State	Uttar Pradesh
Pincode	244222
Country	IN
Address	Po bhawanipur, tehsil amroha, dist moradabad. Pin-244222

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

>>Ikonda

MICR code for Syndicate Bank Ikonda

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 Ikonda 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 Ikonda branch. MICR code for Ikonda 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 Ikonda is presented in the table alongside.

Use of Syndicate Bank MICR code for Ikonda branch in ikonda

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