Syndicate Bank Narauli Moradabad Uttar Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Narauli Moradabad Uttar Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Narauli
Contact 05921-246307
Bank Details Syndicate Bank Narauli SYNB0008595
Location Narauli, Moradabad
City Narauli
District Moradabad
State Uttar Pradesh
Pincode 202414
Country IN
Address At. Po. Naraulitehsil, chandausi, pin 202414
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 202025103 for Narauli 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 202025103 of Syndicate Bank, Narauli branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Narauli 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 -

>>Narauli

MICR code for Syndicate Bank Narauli

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 Narauli 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. 202025103 is the MICR code of Syndicate Bank for Narauli branch. MICR code for Narauli 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 Narauli is presented in the table alongside.

Use of Syndicate Bank MICR code for Narauli branch in narauli

The MICR code 202025103 is used in RBI cheque clearing process to identify the branch Narauli 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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