Syndicate Bank Koduvally Kozhikode Kerala MICR CODE

Find MICR Codes for Syndicate Bank Koduvally Kozhikode Kerala

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Koduvally Kozhikode
Contact 2706043
Bank Details Syndicate Bank Koduvally Kozhikode SYNB0004414
Location Koduvally, Kozhikode
City Koduvally
District Kozhikode
State Kerala
Pincode 673572
Country IN
Address Kp 19-3/134 n p s fortune mall opp bus stand koduvally kozhikode dist kerala 673572
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 673025012 for Koduvally Kozhikode 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 673025012 of Syndicate Bank, Koduvally Kozhikode branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Koduvally Kozhikode branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Syndicate Bank are available with micr code -

>>Koduvally Kozhikode

MICR code for Syndicate Bank Koduvally Kozhikode

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 Koduvally Kozhikode 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. 673025012 is the MICR code of Syndicate Bank for Koduvally Kozhikode branch. MICR code for Koduvally Kozhikode 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 Koduvally Kozhikode is presented in the table alongside.

Use of Syndicate Bank MICR code for Koduvally Kozhikode branch in koduvally

The MICR code 673025012 is used in RBI cheque clearing process to identify the branch Koduvally Kozhikode 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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