Syndicate Bank Lucknow Lucknow Uttar Pradesh MICR CODE

Find MICR Codes for Syndicate Bank Lucknow Lucknow Uttar Pradesh

MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lucknow New Hyderabad
Contact
Bank Details Syndicate Bank Lucknow New Hyderabad SYNB0008508
Location Lucknow, Lucknow
City Lucknow
District Lucknow
State Uttar Pradesh
Pincode 226007
Country IN
Address Arya kanya pathshala,inter college building,rai biharilala road,lucknow,lucknow,uttar pradesh,226 007
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 226025004 for Lucknow New Hyderabad 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 226025004 of Syndicate Bank, Lucknow New Hyderabad branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Lucknow New Hyderabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Lucknow New Hyderabad

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 Lucknow New Hyderabad 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. 226025004 is the MICR code of Syndicate Bank for Lucknow New Hyderabad branch. MICR code for Lucknow New Hyderabad 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 Lucknow New Hyderabad is presented in the table alongside.

Use of Syndicate Bank MICR code for Lucknow New Hyderabad branch in lucknow

The MICR code 226025004 is used in RBI cheque clearing process to identify the branch Lucknow New Hyderabad 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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