Syndicate Bank Jabalpur Jabalpur Madhya Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Jabalpur Jabalpur Madhya Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ranjhi
Contact 2632600
Bank Details Syndicate Bank Ranjhi SYNB0007814
Location Jabalpur, Jabalpur
City Jabalpur
District Jabalpur
State Madhya Pradesh
Pincode 482011
Country IN
Address H.no 308,in front of ranjhi gurudwara,mastana chowk road,ranjhi jabalpur jabalpur madhya pradesh india 482005
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 482025006 for Ranjhi 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 482025006 of Syndicate Bank, Ranjhi branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Ranjhi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Syndicate Bank are available with micr code -

>>Adhartal >>Garha Bazar Jabalpur >>Jabalpur >>Jabalpur Medical College Road Branch >>Jabalpur Sadar Cantonment >>Ranjhi >>Vijay Nagar Jabalpur

MICR code for Syndicate Bank Ranjhi

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 Ranjhi 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. 482025006 is the MICR code of Syndicate Bank for Ranjhi branch. MICR code for Ranjhi 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 Ranjhi is presented in the table alongside.

Use of Syndicate Bank MICR code for Ranjhi branch in jabalpur

The MICR code 482025006 is used in RBI cheque clearing process to identify the branch Ranjhi 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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