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Syndicate Bank Amritsar Amritsar Punjab MICR CODE

Find MICR Codes for Syndicate Bank Amritsar Amritsar Punjab

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Jaintipur
Contact	2491500
Bank Details	Syndicate Bank Jaintipur SYNB0008112

Location	Amritsar, Amritsar
City	Amritsar
District	Amritsar
State	Punjab
Pincode	143502
Country	IN
Address	Syndicate bank bal market adda jaintipur dist.amritsar punjab india -143502

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

A total of 4 branches of Syndicate Bank are available with micr code -

>>Amritsar >>Amritsar Majitha Road >>Amritsar Ranjit Avenue >>Jaintipur

MICR code for Syndicate Bank Jaintipur

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

Use of Syndicate Bank MICR code for Jaintipur branch in amritsar

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