Syndicate Bank Neemrana Alwar Rajasthan MICR CODE

Find MICR Codes for Syndicate Bank Neemrana Alwar Rajasthan

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Neemrana
Contact 01494-246068
Bank Details Syndicate Bank Neemrana SYNB0008318
Location Neemrana, Alwar
City Neemrana
District Alwar
State Rajasthan
Pincode 301705
Country IN
Address Main road, neemrana tehsilblock : behrodpin-301 705
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 301025202 for Neemrana 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 301025202 of Syndicate Bank, Neemrana branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Neemrana 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 -

>>Neemrana

MICR code for Syndicate Bank Neemrana

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 Neemrana 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. 301025202 is the MICR code of Syndicate Bank for Neemrana branch. MICR code for Neemrana 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 Neemrana is presented in the table alongside.

Use of Syndicate Bank MICR code for Neemrana branch in neemrana

The MICR code 301025202 is used in RBI cheque clearing process to identify the branch Neemrana 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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