Syndicate Bank Raipur Main Raipur Chhattisgarh MICR CODE

Find MICR Codes for Syndicate Bank Raipur Main Raipur Chhattisgarh

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MICR Code	492025002
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 Main
Contact	0771-2523464
Bank Details	Syndicate Bank Raipur Main SYNB0007855

Location	Raipur Main, Raipur
City	Raipur Main
District	Raipur
State	Chhattisgarh
Pincode	492009
Country	IN
Address	113, smt surjadevi shukla compnear deshbandhu schoolstation road, raipurpin-492 009

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 492025002 for Raipur Main 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 492025002 of Syndicate Bank, Raipur Main branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Raipur Main 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 Main

MICR code for Syndicate Bank Raipur Main

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 Main 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. 492025002 is the MICR code of Syndicate Bank for Raipur Main branch. MICR code for Raipur Main 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 Main is presented in the table alongside.

Use of Syndicate Bank MICR code for Raipur Main branch in raipur main

The MICR code 492025002 is used in RBI cheque clearing process to identify the branch Raipur Main 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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