Syndicate Bank Ranchi Ranchi Jharkhand MICR CODE

Find MICR Codes for Syndicate Bank Ranchi Ranchi Jharkhand

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MICR Code	834025002
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ranchi
Contact
Bank Details	Syndicate Bank Ranchi SYNB0007520

Location	Ranchi, Ranchi
City	Ranchi
District	Ranchi
State	Jharkhand
Pincode	834001
Country	IN
Address	I-st floor, rani sati market, lalji hirji road, ranchi, ranchi, jharkhand, 834 001

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 834025002 for Ranchi 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 834025002 of Syndicate Bank, Ranchi branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Ranchi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Syndicate Bank are available with micr code -

>>Ashok Nagar >>Kanke Road Ranchi >>Mid Corporate Branch Ranchi >>Ranchi >>Ranchi Harmu >>Ranchi Hinoo >>Ranchi Kutchery Road >>Ranchi Lady Kcroy Mem School >>Ranchi Piska >>Ratu >>Ro Ranchi

MICR code for Syndicate Bank Ranchi

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 Ranchi 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. 834025002 is the MICR code of Syndicate Bank for Ranchi branch. MICR code for Ranchi 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 Ranchi is presented in the table alongside.

Use of Syndicate Bank MICR code for Ranchi branch in ranchi

The MICR code 834025002 is used in RBI cheque clearing process to identify the branch Ranchi 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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