Syndicate Bank Umaria Umaria Madhya Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Umaria Umaria Madhya Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Umariya
Contact 2576492
Bank Details Syndicate Bank Umariya SYNB0007926
Location Umaria, Umaria
City Umaria
District Umaria
State Madhya Pradesh
Pincode 484661
Country IN
Address Ranvijay chowk opp district and session court umariya madhya pradesh india -484661
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 Umariya 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, Umariya branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Umariya 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 -

>>Umariya

MICR code for Syndicate Bank Umariya

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

Use of Syndicate Bank MICR code for Umariya branch in umaria

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