Syndicate Bank Aligarh Aligarh Uttar Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Aligarh Aligarh Uttar Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Maheshpur
Contact 2600431
Bank Details Syndicate Bank Maheshpur SYNB0009827
Location Aligarh, Aligarh
City Aligarh
District Aligarh
State Uttar Pradesh
Pincode 202121
Country IN
Address Rps inter college village maheshpur by pass road aligarh aligarh uttar pradesh 202121
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 202025501 for Maheshpur 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 202025501 of Syndicate Bank, Maheshpur branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Maheshpur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Maheshpur

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 Maheshpur 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. 202025501 is the MICR code of Syndicate Bank for Maheshpur branch. MICR code for Maheshpur 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 Maheshpur is presented in the table alongside.

Use of Syndicate Bank MICR code for Maheshpur branch in aligarh

The MICR code 202025501 is used in RBI cheque clearing process to identify the branch Maheshpur 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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