Syndicate Bank Mathura Mathura Uttar Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Mathura Mathura Uttar Pradesh

↻ Reload
MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mathura Zilla Parishad
Contact
Bank Details Syndicate Bank Mathura Zilla Parishad SYNB0008868
Location Mathura, Mathura
City Mathura
District Mathura
State Uttar Pradesh
Pincode 281001
Country IN
Address Zila parishad, agra road, cantonment, mathura, mathura, uttar pradesh, 281 001
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 Mathura Zilla Parishad 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, Mathura Zilla Parishad branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Mathura Zilla Parishad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Mathura Zilla Parishad

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 Mathura Zilla Parishad 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 Mathura Zilla Parishad branch. MICR code for Mathura Zilla Parishad 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 Mathura Zilla Parishad is presented in the table alongside.

Use of Syndicate Bank MICR code for Mathura Zilla Parishad branch in mathura

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mathura Zilla Parishad 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.

Copied!