Syndicate Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Syndicate Bank Chennai Chennai Tamil Nadu

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chennai Egmore
Contact
Bank Details Syndicate Bank Chennai Egmore SYNB0006014
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600008
Country IN
Address 16, , police commissioner off., road, egmore, chennai, chennai, tamilnadu, 600 008
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 600025004 for Chennai Egmore 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 600025004 of Syndicate Bank, Chennai Egmore branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Chennai Egmore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Chennai Egmore

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 Chennai Egmore 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. 600025004 is the MICR code of Syndicate Bank for Chennai Egmore branch. MICR code for Chennai Egmore 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 Chennai Egmore is presented in the table alongside.

Use of Syndicate Bank MICR code for Chennai Egmore branch in chennai

The MICR code 600025004 is used in RBI cheque clearing process to identify the branch Chennai Egmore 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.

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