Syndicate Bank Kundotty Malapuram Kerala MICR CODE

Find MICR Codes for Syndicate Bank Kundotty Malapuram Kerala

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kondotty
Contact
Bank Details Syndicate Bank Kondotty SYNB0004602
Location Kundotty, Malapuram
City Kundotty
District Malapuram
State Kerala
Pincode 673638
Country IN
Address Ward no 8, brothers complex, brothers garden, bye pass road, kondotty, malappuram, kerala, 673 638
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 673025202 for Kondotty 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 673025202 of Syndicate Bank, Kondotty branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Kondotty 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 -

>>Kondotty

MICR code for Syndicate Bank Kondotty

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 Kondotty 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. 673025202 is the MICR code of Syndicate Bank for Kondotty branch. MICR code for Kondotty 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 Kondotty is presented in the table alongside.

Use of Syndicate Bank MICR code for Kondotty branch in kundotty

The MICR code 673025202 is used in RBI cheque clearing process to identify the branch Kondotty 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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