Syndicate Bank Calicut Kozhikode Kerala MICR CODE

Find MICR Codes for Syndicate Bank Calicut Kozhikode Kerala

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kozhikode Panniankara
Contact
Bank Details Syndicate Bank Kozhikode Panniankara SYNB0004404
Location Calicut, Kozhikode
City Calicut
District Kozhikode
State Kerala
Pincode 673003
Country IN
Address 20/1197 jasmine building, p.b.no.728 main road, panniyyankara kallai post, kozhikode, kozhikode, kerala, 673 003
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 673025004 for Kozhikode Panniankara 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 673025004 of Syndicate Bank, Kozhikode Panniankara branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Kozhikode Panniankara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Syndicate Bank are available with micr code -

>>Kozhikode Cherooty Road (Main) >>Kozhikode Kunduparamba >>Kozhikode Panniankara

MICR code for Syndicate Bank Kozhikode Panniankara

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 Kozhikode Panniankara 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. 673025004 is the MICR code of Syndicate Bank for Kozhikode Panniankara branch. MICR code for Kozhikode Panniankara 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 Kozhikode Panniankara is presented in the table alongside.

Use of Syndicate Bank MICR code for Kozhikode Panniankara branch in calicut

The MICR code 673025004 is used in RBI cheque clearing process to identify the branch Kozhikode Panniankara 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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