Syndicate Bank Gorakhpur Gorakhpur Uttar Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Gorakhpur Gorakhpur Uttar Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Maya Bazar Gorakhpur
Contact 2220697
Bank Details Syndicate Bank Maya Bazar Gorakhpur SYNB0009864
Location Gorakhpur, Gorakhpur
City Gorakhpur
District Gorakhpur
State Uttar Pradesh
Pincode 273001
Country IN
Address Syndicate bank,shop no.ff 1-4 and f12-15,1st floor,maya complex urdu bazar,maya bazar gorakhpur uttar pradesh india -273001
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 Maya Bazar Gorakhpur 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, Maya Bazar Gorakhpur branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Maya Bazar Gorakhpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Syndicate Bank are available with micr code -

>>Gorakhpur Medical College Road >>Khalilabad >>Maghar >>Maya Bazar Gorakhpur >>Padribazar Gorakhpur >>Raneedeeh

MICR code for Syndicate Bank Maya Bazar Gorakhpur

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 Maya Bazar Gorakhpur 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 Maya Bazar Gorakhpur branch. MICR code for Maya Bazar Gorakhpur 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 Maya Bazar Gorakhpur is presented in the table alongside.

Use of Syndicate Bank MICR code for Maya Bazar Gorakhpur branch in gorakhpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Maya Bazar Gorakhpur 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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