Syndicate Bank Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for Syndicate Bank Gurgaon Gurgaon Haryana

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pataudi Hailey Mandi
Contact
Bank Details Syndicate Bank Pataudi Hailey Mandi SYNB0008212
Location Gurgaon, Gurgaon
City Gurgaon
District Gurgaon
State Haryana
Pincode 123504
Country IN
Address Yadav bhavan, hailey mandi, pataudi, , gurgoan, haryana, 123 504
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 Pataudi Hailey Mandi 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, Pataudi Hailey Mandi branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Pataudi Hailey Mandi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Pataudi Hailey Mandi

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 Pataudi Hailey Mandi 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 Pataudi Hailey Mandi branch. MICR code for Pataudi Hailey Mandi 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 Pataudi Hailey Mandi is presented in the table alongside.

Use of Syndicate Bank MICR code for Pataudi Hailey Mandi branch in gurgaon

The MICR code 0 is used in RBI cheque clearing process to identify the branch Pataudi Hailey Mandi 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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