Syndicate Bank Ranchi Ranchi Jharkhand MICR CODE

Find MICR Codes for Syndicate Bank Ranchi Ranchi Jharkhand

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ranchi Harmu
Contact 2222328
Bank Details Syndicate Bank Ranchi Harmu SYNB0007527
Location Ranchi, Ranchi
City Ranchi
District Ranchi
State Jharkhand
Pincode 834001
Country IN
Address New kishore ganj,road no 7 ( near bank of baroda),jharkhand harmu ranchi jharkhand india -834001
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 Ranchi Harmu 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, Ranchi Harmu branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Ranchi Harmu 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 Harmu

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 Harmu 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 Ranchi Harmu branch. MICR code for Ranchi Harmu 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 Harmu is presented in the table alongside.

Use of Syndicate Bank MICR code for Ranchi Harmu branch in ranchi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ranchi Harmu 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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