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Syndicate Bank Amritsar Amritsar Punjab MICR CODE

Find MICR Codes for Syndicate Bank Amritsar Amritsar Punjab

Bank
State
District
City
Branch
Address

MICR Code	143025002
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Amritsar
Contact
Bank Details	Syndicate Bank Amritsar SYNB0008100

Location	Amritsar, Amritsar
City	Amritsar
District	Amritsar
State	Punjab
Pincode	143001
Country	IN
Address	80 court road, , amritsar, , , amritsar, punjab, 143 001

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 143025002 for Amritsar 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 143025002 of Syndicate Bank, Amritsar branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Amritsar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Syndicate Bank are available with micr code -

>>Amritsar >>Amritsar Majitha Road >>Amritsar Ranjit Avenue >>Jaintipur

MICR code for Syndicate Bank Amritsar

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 Amritsar 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. 143025002 is the MICR code of Syndicate Bank for Amritsar branch. MICR code for Amritsar 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 Amritsar is presented in the table alongside.

Use of Syndicate Bank MICR code for Amritsar branch in amritsar

The MICR code 143025002 is used in RBI cheque clearing process to identify the branch Amritsar 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.