Syndicate Bank New Bombay Thane Maharashtra MICR CODE

Find MICR Codes for Syndicate Bank New Bombay Thane Maharashtra

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MICR Code	400025083
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kopar Khairane
Contact
Bank Details	Syndicate Bank Kopar Khairane SYNB0005499

Location	New Bombay, Thane
City	New Bombay
District	Thane
State	Maharashtra
Pincode	400709
Country	IN
Address	Shop 6, ground floor, ajantha,residential cum commercial,complex, plot 92, sector 15,kopar khairane,thane,maharashtra,400 709

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 400025083 for Kopar Khairane 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 400025083 of Syndicate Bank, Kopar Khairane branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Kopar Khairane branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Syndicate Bank are available with micr code -

>>Kopar Khairane >>Vashi Turbhe Mafco >>Vashi Turbhe Sector 19

MICR code for Syndicate Bank Kopar Khairane

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 Kopar Khairane 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. 400025083 is the MICR code of Syndicate Bank for Kopar Khairane branch. MICR code for Kopar Khairane 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 Kopar Khairane is presented in the table alongside.

Use of Syndicate Bank MICR code for Kopar Khairane branch in new bombay

The MICR code 400025083 is used in RBI cheque clearing process to identify the branch Kopar Khairane 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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