Syndicate Bank Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for Syndicate Bank Ludhiana Ludhiana Punjab

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MICR Code	141025006
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sundernagar
Contact	9781082945
Bank Details	Syndicate Bank Sundernagar SYNB0008156

Location	Ludhiana, Ludhiana
City	Ludhiana
District	Ludhiana
State	Punjab
Pincode	141008
Country	IN
Address	Syndicate bank b 24 ward no 19 basti mani singh sunder nagar ludhiana punjab 141008

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 141025006 for Sundernagar 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 141025006 of Syndicate Bank, Sundernagar branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Sundernagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Syndicate Bank are available with micr code -

>>Indl Area Ludhiana >>Jagraon >>Jhande >>Kailash Nagar Ludhiana >>Ludhiana >>Ludhiana Miller Ganj >>Paddi >>Ro Ludhiana >>Ro Ludhiana >>S B S Nagar Ludhiana >>Sundernagar

MICR code for Syndicate Bank Sundernagar

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 Sundernagar 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. 141025006 is the MICR code of Syndicate Bank for Sundernagar branch. MICR code for Sundernagar 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 Sundernagar is presented in the table alongside.

Use of Syndicate Bank MICR code for Sundernagar branch in ludhiana

The MICR code 141025006 is used in RBI cheque clearing process to identify the branch Sundernagar 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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