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 Ro Ludhiana
Contact 2565118
Bank Details Syndicate Bank Ro Ludhiana SYNB0008155
Location Ludhiana, Ludhiana
City Ludhiana
District Ludhiana
State Punjab
Pincode 141003
Country IN
Address Sco 17 18,model town extension d block dugri road ludhiana ludhiana punjab 141003
MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ro Ludhiana
Contact 1612492200
Bank Details Syndicate Bank Ro Ludhiana SYNB0006862
Location Ludhiana, Ludhiana
City Ludhiana
District Ludhiana
State Punjab
Pincode
Country IN
Address Sco 17 - 18 d,2nd floor,model town extension d,ludhiana
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 Ro 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 0 of Syndicate Bank, Ro Ludhiana branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Ro 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 Ro 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 Ro 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. 0 is the MICR code of Syndicate Bank for Ro Ludhiana branch. MICR code for Ro 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 Ro Ludhiana is presented in the table alongside.

Use of Syndicate Bank MICR code for Ro Ludhiana branch in ludhiana

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