Syndicate Bank Meerut Meerut Uttar Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Meerut Meerut Uttar Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Meerut Ssi Branch
Contact
Bank Details Syndicate Bank Meerut Ssi Branch SYNB0008838
Location Meerut, Meerut
City Meerut
District Meerut
State Uttar Pradesh
Pincode 250004
Country IN
Address 140/1 bhawanipuram,jail chungi,meerut,,meerut,uttar pradesh,250 004
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 Meerut Ssi Branch 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, Meerut Ssi Branch branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Meerut Ssi Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Meerut Ssi Branch

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 Meerut Ssi Branch 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 Meerut Ssi Branch branch. MICR code for Meerut Ssi Branch 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 Meerut Ssi Branch is presented in the table alongside.

Use of Syndicate Bank MICR code for Meerut Ssi Branch branch in meerut

The MICR code 0 is used in RBI cheque clearing process to identify the branch Meerut Ssi Branch 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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