Suryoday Bank Navi Mumbai Thane Maharashtra MICR CODE

Find MICR Codes for Suryoday Bank Navi Mumbai Thane Maharashtra

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MICR Code	-NA-
Bank	Suryoday Small Finance Bank Limited
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Treasury Department
Contact	0
Bank Details	Suryoday Small Finance Bank Limited Treasury Department SURY0TR0002

Location	Navi Mumbai, Thane
City	Navi Mumbai
District	Thane
State	Maharashtra
Pincode	400601
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 Treasury Department 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, Treasury Department branch makes the system almost error free and faster. Use of Suryoday Finance Bank MICR codes for Treasury Department 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 Treasury Department

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 Treasury Department 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 Treasury Department branch. MICR code for Treasury Department 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 Treasury Department is presented in the table alongside.

Use of Suryoday Finance Bank MICR code for Treasury Department branch in navi mumbai

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