Syndicate Bank Raniganj Bardhaman West Bengal MICR CODE

Find MICR Codes for Syndicate Bank Raniganj Bardhaman West Bengal

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Raniganj Tdb College
Contact
Bank Details Syndicate Bank Raniganj Tdb College SYNB0009702
Location Raniganj, Bardhaman
City Raniganj
District Bardhaman
State West Bengal
Pincode 713347
Country IN
Address Tdb college,college road,raniganj, pin-713 347
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 Raniganj Tdb College 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, Raniganj Tdb College branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Raniganj Tdb College branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Syndicate Bank are available with micr code -

>>Raniganj >>Raniganj Tdb College

MICR code for Syndicate Bank Raniganj Tdb College

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 Raniganj Tdb College 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 Raniganj Tdb College branch. MICR code for Raniganj Tdb College 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 Raniganj Tdb College is presented in the table alongside.

Use of Syndicate Bank MICR code for Raniganj Tdb College branch in raniganj

The MICR code 0 is used in RBI cheque clearing process to identify the branch Raniganj Tdb College 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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