Suryoday Bank Madurai Madurai Tamil Nadu MICR CODE

Find MICR Codes for Suryoday Bank Madurai Madurai Tamil Nadu

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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 Pudukulam
Contact 0
Bank Details Suryoday Small Finance Bank Limited Pudukulam SURY0000066
Location Madurai, Madurai
City Madurai
District Madurai
State Tamil Nadu
Pincode 625019
Country IN
Address No 7/43, kilaneri, sambakudi, madurai, vadivelkarai, tamil nadu - 625019
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 Pudukulam 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, Pudukulam branch makes the system almost error free and faster. Use of Suryoday Finance Bank MICR codes for Pudukulam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Suryoday Small Finance Bank Limited are available with micr code -

>>Pudukulam

MICR code for Suryoday Bank Pudukulam

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 Pudukulam 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 Pudukulam branch. MICR code for Pudukulam 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 Pudukulam is presented in the table alongside.

Use of Suryoday Finance Bank MICR code for Pudukulam branch in madurai

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