Syndicate Bank Jaipur Jaipur Rajasthan MICR CODE

Find MICR Codes for Syndicate Bank Jaipur Jaipur Rajasthan

MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vidhyadhar Nagar
Contact 9414044864
Bank Details Syndicate Bank Vidhyadhar Nagar SYNB0008379
Location Jaipur, Jaipur
City Jaipur
District Jaipur
State Rajasthan
Pincode 302039
Country IN
Address Ground floor r6b sector 1 vidhyadhar nagar 302039
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 302025011 for Vidhyadhar Nagar 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 302025011 of Syndicate Bank, Vidhyadhar Nagar branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Vidhyadhar Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Vidhyadhar Nagar

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 Vidhyadhar Nagar 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. 302025011 is the MICR code of Syndicate Bank for Vidhyadhar Nagar branch. MICR code for Vidhyadhar Nagar 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 Vidhyadhar Nagar is presented in the table alongside.

Use of Syndicate Bank MICR code for Vidhyadhar Nagar branch in jaipur

The MICR code 302025011 is used in RBI cheque clearing process to identify the branch Vidhyadhar Nagar 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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