Syndicate Bank Thane West Mumbai Maharashtra MICR CODE

Find MICR Codes for Syndicate Bank Thane West Mumbai Maharashtra

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vasant Vihar Thane
Contact
Bank Details Syndicate Bank Vasant Vihar Thane SYNB0005484
Location Thane West, Mumbai
City Thane West
District Mumbai
State Maharashtra
Pincode 400610
Country IN
Address Shop no 23 24 25 rameshwar bldg neelkanth hts pokharan no 2 pin - 400610
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 Vasant Vihar Thane 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, Vasant Vihar Thane branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Vasant Vihar Thane 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 -

>>Vasant Vihar Thane

MICR code for Syndicate Bank Vasant Vihar Thane

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 Vasant Vihar Thane 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 Vasant Vihar Thane branch. MICR code for Vasant Vihar Thane 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 Vasant Vihar Thane is presented in the table alongside.

Use of Syndicate Bank MICR code for Vasant Vihar Thane branch in thane west

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vasant Vihar Thane 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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