Syndicate Bank Selaqui Selaqui Uttrakhand MICR CODE

Find MICR Codes for Syndicate Bank Selaqui Selaqui Uttrakhand

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Selaqui
Contact 2613686
Bank Details Syndicate Bank Selaqui SYNB0008972
Location Selaqui, Selaqui
City Selaqui
District Selaqui
State Uttrakhand
Pincode 248011
Country IN
Address Near old post office selaqui dehradun selaqui uttarakhand 248011
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 Selaqui 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, Selaqui branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Selaqui branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Selaqui

MICR code for Syndicate Bank Selaqui

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 Selaqui 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 Selaqui branch. MICR code for Selaqui 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 Selaqui is presented in the table alongside.

Use of Syndicate Bank MICR code for Selaqui branch in selaqui

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