Syndicate Bank Shilong East Khasi Hill Meghalaya MICR CODE

Find MICR Codes for Syndicate Bank Shilong East Khasi Hill Meghalaya

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shillong Arasu
Contact
Bank Details Syndicate Bank Shillong Arasu SYNB0009401
Location Shilong, East Khasi Hill
City Shilong
District East Khasi Hill
State Meghalaya
Pincode 793007
Country IN
Address Assam rifles admn support unit,assam rifles bazar,happy valley shillong,,east khasi hills,meghalaya,793 007
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 Shillong Arasu 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, Shillong Arasu branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Shillong Arasu 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 -

>>Shillong Arasu

MICR code for Syndicate Bank Shillong Arasu

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 Shillong Arasu 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 Shillong Arasu branch. MICR code for Shillong Arasu 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 Shillong Arasu is presented in the table alongside.

Use of Syndicate Bank MICR code for Shillong Arasu branch in shilong

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