Syndicate Bank Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for Syndicate Bank Ludhiana Ludhiana Punjab

MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kailash Nagar Ludhiana
Contact 2491500
Bank Details Syndicate Bank Kailash Nagar Ludhiana SYNB0008162
Location Ludhiana, Ludhiana
City Ludhiana
District Ludhiana
State Punjab
Pincode 141007
Country IN
Address Syndicate bank main road kailash nagar basti jodhewal ludhiana punjab india 141007
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 141025009 for Kailash Nagar Ludhiana 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 141025009 of Syndicate Bank, Kailash Nagar Ludhiana branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Kailash Nagar Ludhiana branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Syndicate Bank are available with micr code -

>>Indl Area Ludhiana >>Jagraon >>Jhande >>Kailash Nagar Ludhiana >>Ludhiana >>Ludhiana Miller Ganj >>Paddi >>Ro Ludhiana >>Ro Ludhiana >>S B S Nagar Ludhiana >>Sundernagar

MICR code for Syndicate Bank Kailash Nagar Ludhiana

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 Kailash Nagar Ludhiana 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. 141025009 is the MICR code of Syndicate Bank for Kailash Nagar Ludhiana branch. MICR code for Kailash Nagar Ludhiana 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 Kailash Nagar Ludhiana is presented in the table alongside.

Use of Syndicate Bank MICR code for Kailash Nagar Ludhiana branch in ludhiana

The MICR code 141025009 is used in RBI cheque clearing process to identify the branch Kailash Nagar Ludhiana 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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