Syndicate Bank Basti Basti Uttar Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Basti Basti Uttar Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kaptanganj
Contact 2220697
Bank Details Syndicate Bank Kaptanganj SYNB0009246
Location Basti, Basti
City Basti
District Basti
State Uttar Pradesh
Pincode 272170
Country IN
Address Syndicate bank,plot no 41 gram gaura,adjacent state bank of india,distt basti basti uttar pradesh india 242131
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 272025004 for Kaptanganj 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 272025004 of Syndicate Bank, Kaptanganj branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Kaptanganj 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 -

>>Kaptanganj

MICR code for Syndicate Bank Kaptanganj

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 Kaptanganj 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. 272025004 is the MICR code of Syndicate Bank for Kaptanganj branch. MICR code for Kaptanganj 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 Kaptanganj is presented in the table alongside.

Use of Syndicate Bank MICR code for Kaptanganj branch in basti

The MICR code 272025004 is used in RBI cheque clearing process to identify the branch Kaptanganj 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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