Syndicate Bank Mohadi Dhule Maharashtra MICR CODE

Find MICR Codes for Syndicate Bank Mohadi Dhule Maharashtra

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MICR Code	424025102
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mohadi
Contact	02562-264216
Bank Details	Syndicate Bank Mohadi SYNB0005191

Location	Mohadi, Dhule
City	Mohadi
District	Dhule
State	Maharashtra
Pincode	424316
Country	IN
Address	House no 156mohadi pargane dongritaluka dhulepin-424 316

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 424025102 for Mohadi 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 424025102 of Syndicate Bank, Mohadi branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Mohadi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Syndicate Bank are available with micr code -

>>Mohadi

MICR code for Syndicate Bank Mohadi

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 Mohadi 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. 424025102 is the MICR code of Syndicate Bank for Mohadi branch. MICR code for Mohadi 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 Mohadi is presented in the table alongside.

Use of Syndicate Bank MICR code for Mohadi branch in mohadi

The MICR code 424025102 is used in RBI cheque clearing process to identify the branch Mohadi 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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