Syndicate Bank Varanasi Varanasi Uttar Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Varanasi Varanasi Uttar Pradesh

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Varanasi Sakpg College
Contact
Bank Details Syndicate Bank Varanasi Sakpg College SYNB0008753
Location Varanasi, Varanasi
City Varanasi
District Varanasi
State Uttar Pradesh
Pincode 221001
Country IN
Address C.k. 15/1 ff, bulanala, , varanasi, varanasi, uttar pradesh, 221 001
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 221025004 for Varanasi Sakpg College 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 221025004 of Syndicate Bank, Varanasi Sakpg College branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Varanasi Sakpg College branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Varanasi Sakpg College

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 Varanasi Sakpg College 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. 221025004 is the MICR code of Syndicate Bank for Varanasi Sakpg College branch. MICR code for Varanasi Sakpg College 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 Varanasi Sakpg College is presented in the table alongside.

Use of Syndicate Bank MICR code for Varanasi Sakpg College branch in varanasi

The MICR code 221025004 is used in RBI cheque clearing process to identify the branch Varanasi Sakpg College 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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