Syndicate Bank Mahoba Mahoba Uttar Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Mahoba Mahoba Uttar Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mahoba
Contact
Bank Details Syndicate Bank Mahoba SYNB0008712
Location Mahoba, Mahoba
City Mahoba
District Mahoba
State Uttar Pradesh
Pincode 210427
Country IN
Address Gata no 1609,kabrai road,near central bank of india,mahoba,uttar pradesh,210427
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 Mahoba 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, Mahoba branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Mahoba 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 -

>>Mahoba

MICR code for Syndicate Bank Mahoba

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

Use of Syndicate Bank MICR code for Mahoba branch in mahoba

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