Syndicate Bank Nizamabad Nizamabad Telangana MICR CODE

Find MICR Codes for Syndicate Bank Nizamabad Nizamabad Telangana

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ro Nizamabad
Contact 4250585
Bank Details Syndicate Bank Ro Nizamabad SYNB0003542
Location Nizamabad, Nizamabad
City Nizamabad
District Nizamabad
State Telangana
Pincode 503001
Country IN
Address Dr no 21 and 22 besides uppala mallayya petrol bunk arya nagar,pangra nizamabad telangana india 503003
MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ro Nizamabad
Contact 8462254401
Bank Details Syndicate Bank Ro Nizamabad SYNB0006942
Location Nizamabad, Nizamabad
City Nizamabad
District Nizamabad
State Telangana
Pincode
Country IN
Address First floor,above syndicate bank nizamabda maain branch,opp kapila hotel,dwaraka nagar,nizamabad
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 Ro Nizamabad 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, Ro Nizamabad branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Ro Nizamabad 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 -

>>Ro Nizamabad >>Ro Nizamabad

MICR code for Syndicate Bank Ro Nizamabad

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 Ro Nizamabad 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 Ro Nizamabad branch. MICR code for Ro Nizamabad 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 Ro Nizamabad is presented in the table alongside.

Use of Syndicate Bank MICR code for Ro Nizamabad branch in nizamabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ro Nizamabad 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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