Suryoday Bank Navi Mumbai Thane Maharashtra MICR CODE

Find MICR Codes for Suryoday Bank Navi Mumbai Thane Maharashtra

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MICR Code
Bank Suryoday Small Finance Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Corporate Office
Contact 0
Bank Details Suryoday Small Finance Bank Limited Corporate Office SURY0HE0001
Location Navi Mumbai, Thane
City Navi Mumbai
District Thane
State Maharashtra
Pincode 400710
Country IN
Address 1101 sharda terraces,plot 65 sector 11,cbd belapur,navi mumbai
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 Corporate Office 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 Suryoday Finance Bank, Corporate Office branch makes the system almost error free and faster. Use of Suryoday Finance Bank MICR codes for Corporate Office branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Suryoday Small Finance Bank Limited are available with micr code -

>>Central Back Office >>Corporate Office >>Treasury Department

MICR code for Suryoday Bank Corporate Office

Suryoday Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Suryoday Finance Bank MICR code for Corporate Office 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 Suryoday Small Bank for Corporate Office branch. MICR code for Corporate Office 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 Suryoday Finance Bank Corporate Office is presented in the table alongside.

Use of Suryoday Finance Bank MICR code for Corporate Office branch in navi mumbai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Corporate Office and Suryoday Finance 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 Suryoday Small Bank is typically in either of these two font’s: E-138 and CMC-7.

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