Syndicate Bank Ghaziabad Ghaziabad Uttar Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Ghaziabad Ghaziabad Uttar Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Modinagar Dayawati Modi School
Contact
Bank Details Syndicate Bank Modinagar Dayawati Modi School SYNB0008899
Location Ghaziabad, Ghaziabad
City Ghaziabad
District Ghaziabad
State Uttar Pradesh
Pincode 201204
Country IN
Address Dayawati modi public school,hapur road, opp modipon ltd,modinagar,,ghaziabad,uttar pradesh,201 204
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 Modinagar Dayawati Modi School 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, Modinagar Dayawati Modi School branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Modinagar Dayawati Modi School branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Modinagar Dayawati Modi School

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 Modinagar Dayawati Modi School 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 Modinagar Dayawati Modi School branch. MICR code for Modinagar Dayawati Modi School 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 Modinagar Dayawati Modi School is presented in the table alongside.

Use of Syndicate Bank MICR code for Modinagar Dayawati Modi School branch in ghaziabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Modinagar Dayawati Modi School 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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