Syndicate Bank Patna Patna Bihar MICR CODE

Find MICR Codes for Syndicate Bank Patna Patna Bihar

MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Patna Saidpur
Contact
Bank Details Syndicate Bank Patna Saidpur SYNB0007407
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 800016
Country IN
Address Sewage treatment plant (stp), bihar rajya jal parishad, saidpur, patna, patna, bihar, 800 016
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 800025005 for Patna Saidpur 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 800025005 of Syndicate Bank, Patna Saidpur branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Patna Saidpur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Patna Saidpur

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 Patna Saidpur 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. 800025005 is the MICR code of Syndicate Bank for Patna Saidpur branch. MICR code for Patna Saidpur 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 Patna Saidpur is presented in the table alongside.

Use of Syndicate Bank MICR code for Patna Saidpur branch in patna

The MICR code 800025005 is used in RBI cheque clearing process to identify the branch Patna Saidpur 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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