|
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 of Syndicate Bank, mumbai malad branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for mumbai malad branch, makes the characters readable even if there are other marks and stamps on it.
>>Borivli East Mumbai >>Girgaum Mumbai >>Kharghar Sector >>Kurla W >>Mid Corporate Branch Mumbai >>Mid Corporate Branch Mumbai Ii >>Mumbai Andheri East >>Mumbai Andheri West >>Mumbai Bandra(West) >>Mumbai Bhandup (West) >>Mumbai Borivli West >>Mumbai Byculla >>Mumbai Capital Market Services >>Mumbai Central Accounts Office >>Mumbai Chembur >>Mumbai Chembur Subhas Nagar >>Mumbai Colaba >>Mumbai Colaba Cuffe Parade >>Mumbai Crawford Market >>Mumbai Dahisar >>Mumbai Dana Bunder(Broach St.) >>Mumbai Fort >>Mumbai Ghatkopar >>Mumbai Goregaon >>Mumbai Homji Street >>Mumbai Housing Finance Branch >>Mumbai Industrial Finance >>Mumbai Inh Ashwini Colaba >>Mumbai International Business Branch >>Mumbai Jogeshwari >>Mumbai Kalbadevi >>Mumbai Kandivli >>Mumbai Khar >>Mumbai Kolivada >>Mumbai Lamington Road >>Mumbai Mahim >>Mumbai Malabar Hill >>Mumbai Malad (East) >>Mumbai Mandvi >>Mumbai Marol >>Mumbai Matunga >>Mumbai Matunga Bazar >>Mumbai Matunga(West) Central Railway >>Mumbai Mulund >>Mumbai Nariman Point >>Mumbai Naval Dock Yard >>Mumbai New Marine Lines >>Mumbai Palihill >>Mumbai Peddar Road >>Mumbai Prabhadevi >>Mumbai Santacruz (East) >>Mumbai Santacruz (West) >>Mumbai Sunder Nagar(Maladwest) >>Mumbai Tardeo >>Mumbai Vile Parle >>Mumbai Worli Sea Face >>Navi Mumbai Nerul >>Vile Parle West Mumbai
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 mumbai malad 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. is the MICR code of Syndicate Bank for mumbai malad branch. MICR code for mumbai malad 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 mumbai malad is presented in the table alongside.
The MICR code is used in RBI cheque clearing process to identify the branch mumbai malad 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.