Syndicate Bank Patewa Patewa Chhattisgarh MICR CODE

Find MICR Codes for Syndicate Bank Patewa Patewa Chhattisgarh

MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Patewa
Contact
Bank Details Syndicate Bank Patewa SYNB0005265
Location Patewa, Patewa
City Patewa
District Patewa
State Chhattisgarh
Pincode 491441
Country IN
Address C/o syndicate bank rajnandgaon br old bus stand opp united hospital rajnandgaon patewa chattisgarh 491441
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 491025998 for Patewa 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 491025998 of Syndicate Bank, Patewa branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Patewa 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 -

>>Patewa

MICR code for Syndicate Bank Patewa

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 Patewa 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. 491025998 is the MICR code of Syndicate Bank for Patewa branch. MICR code for Patewa 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 Patewa is presented in the table alongside.

Use of Syndicate Bank MICR code for Patewa branch in patewa

The MICR code 491025998 is used in RBI cheque clearing process to identify the branch Patewa 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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