Syndicate Bank Satara Dist Satara Dist Maharashtra MICR CODE

Find MICR Codes for Syndicate Bank Satara Dist Satara Dist Maharashtra

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bharatgaonwadi
Contact
Bank Details Syndicate Bank Bharatgaonwadi SYNB0005416
Location Satara Dist, Satara Dist
City Satara Dist
District Satara Dist
State Maharashtra
Pincode 415519
Country IN
Address H.no 1, near nhai 4,at/po bharatgaonwadi,taluka/dist - satara,satara dist,maharashtra,415519
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.

Search Syndicate Bank MICR Codes in satara dist

You can search through MICR Codes of Maharashtra branches in satara dist of District satara dist in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Syndicate Bank are available with micr code -

>>Bharatgaonwadi

How to find MICR codes for Syndicate Bank in satara dist?

Syndicate Bank satara dist MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Syndicate Bank MICR codes list for satara dist, one can further search by branch name specified in the table. You can find MICR codes for all Syndicate Bank satara dist branches.

Syndicate Bank MICR code in satara dist

Syndicate Bank MICR code is a character recognition technology used by banks in the processing of cheques. Syndicate Bank MICR code for satara dist branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Syndicate Bank branches in satara dist, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Syndicate Bank MICR code for satara dist branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Syndicate Bank satara dist branch, sprinted 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. Thus MICR code for Syndicate Bank satara dist branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Syndicate Bank MICR codes for satara dist branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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