Syndicate Bank Udaipur Udaipur Rajasthan MICR CODE

Find MICR Codes for Syndicate Bank Udaipur Udaipur Rajasthan

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mavli
Contact 1412700191
Bank Details Syndicate Bank Mavli SYNB0008452
Location Udaipur, Udaipur
City Udaipur
District Udaipur
State Rajasthan
Pincode 313203
Country IN
Address Main highway,udaipur road mavli udaipur dist udaipur rajasthan 313203
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 Mavli 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, Mavli branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Mavli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Syndicate Bank are available with micr code -

>>Badgoan >>Bapu Bazar >>Karwada >>Khemli >>Mavli >>Pratap Nagar >>Ro Udaipur >>Ro Udaipur >>Shobhagpura >>Udaipur >>Udaipur Hiran Magri

MICR code for Syndicate Bank Mavli

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

Use of Syndicate Bank MICR code for Mavli branch in udaipur

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