SYNDICATE BANK, Malegaon

MICR Codes for other Branches of Syndicate Bank In "Malegaon"

MICR Code for SYNDICATE BANKMaharashtra

The MICR code for a SYNDICATE BANK is a machine readable code that is used for processing and clearance of cheques. The code helps to identify the bank branch to which the cheque belongs. It is used when cheque goes for clearing, where the magnetic reader reads the code and it gets sorted automatically. This code speeds up the clearance process.

The MICR code for SYNDICATE BANK is printed on the bottom of every cheque leaf of the SYNDICATE BANK.

Decoding-423025003

423025003 the MICR code of SYNDICATE BANK,MalegaonMaharashtra.

• The first 3 characters, i.e. 423 is the first three characters of PIN (Postal Index Number)
• The next three characters, i.e. 025 depicts the bank number of SYNDICATE BANK
• The last three charters, i.e. 003 depicts theMalegaon ofMalegaon.

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