Syndicate Bank Meerut Meerut Uttar Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Meerut Meerut Uttar Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pallavpuram Meerut
Contact
Bank Details Syndicate Bank Pallavpuram Meerut SYNB0008920
Location Meerut, Meerut
City Meerut
District Meerut
State Uttar Pradesh
Pincode 250110
Country IN
Address C/o sir manoj rana c-3/1 t pocket pallavpuram phase ii roorkee road 250110
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 Pallavpuram Meerut 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, Pallavpuram Meerut branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Pallavpuram Meerut branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Pallavpuram Meerut

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 Pallavpuram Meerut 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 Pallavpuram Meerut branch. MICR code for Pallavpuram Meerut 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 Pallavpuram Meerut is presented in the table alongside.

Use of Syndicate Bank MICR code for Pallavpuram Meerut branch in meerut

The MICR code 0 is used in RBI cheque clearing process to identify the branch Pallavpuram Meerut 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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