Syndicate Bank Raipur Raipur Haryana MICR CODE

Find MICR Codes for Syndicate Bank Raipur Raipur Haryana

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MICR Code	110025209
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Raipur
Contact	9416400326
Bank Details	Syndicate Bank Raipur SYNB0008326

Location	Raipur, Raipur
City	Raipur
District	Raipur
State	Haryana
Pincode	122103
Country	IN
Address	Vill raipur, teh. Sohna, dist.gurgaon 122103

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 110025209 for Raipur 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 110025209 of Syndicate Bank, Raipur branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Raipur 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 -

>>Raipur

MICR code for Syndicate Bank Raipur

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 Raipur 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. 110025209 is the MICR code of Syndicate Bank for Raipur branch. MICR code for Raipur 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 Raipur is presented in the table alongside.

Use of Syndicate Bank MICR code for Raipur branch in raipur

The MICR code 110025209 is used in RBI cheque clearing process to identify the branch Raipur 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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