Syndicate Bank Tingri Nasik Maharashtra MICR CODE

Find MICR Codes for Syndicate Bank Tingri Nasik Maharashtra

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tingri
Contact 02554-0
Bank Details Syndicate Bank Tingri SYNB0005284
Location Tingri, Nasik
City Tingri
District Nasik
State Maharashtra
Pincode 423205
Country IN
Address Tingritaluka malegaonpin-423 205
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 423025104 for Tingri 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 423025104 of Syndicate Bank, Tingri branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Tingri 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 -

>>Tingri

MICR code for Syndicate Bank Tingri

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 Tingri 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. 423025104 is the MICR code of Syndicate Bank for Tingri branch. MICR code for Tingri 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 Tingri is presented in the table alongside.

Use of Syndicate Bank MICR code for Tingri branch in tingri

The MICR code 423025104 is used in RBI cheque clearing process to identify the branch Tingri 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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