Syndicate Bank Varanasi Varanasi Uttar Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Varanasi Varanasi Uttar Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jayapur
Contact 8004930541
Bank Details Syndicate Bank Jayapur SYNB0009884
Location Varanasi, Varanasi
City Varanasi
District Varanasi
State Uttar Pradesh
Pincode 221305
Country IN
Address Syndicate bank jayapur branch vill and po jayapur jayapur uttar pradesh india 221305
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 221025010 for Jayapur 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 221025010 of Syndicate Bank, Jayapur branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Jayapur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Jayapur

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 Jayapur 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. 221025010 is the MICR code of Syndicate Bank for Jayapur branch. MICR code for Jayapur 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 Jayapur is presented in the table alongside.

Use of Syndicate Bank MICR code for Jayapur branch in varanasi

The MICR code 221025010 is used in RBI cheque clearing process to identify the branch Jayapur 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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