Syndicate Bank Karur Dist Karur Dist Tamil Nadu MICR CODE

Find MICR Codes for Syndicate Bank Karur Dist Karur Dist Tamil Nadu

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kulithalai
Contact
Bank Details Syndicate Bank Kulithalai SYNB0006373
Location Karur Dist, Karur Dist
City Karur Dist
District Karur Dist
State Tamil Nadu
Pincode 639104
Country IN
Address Door no 21, v k tower kadambar koil bazar kulithalai karur dist tamil nadu 639104 india
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 Kulithalai 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 Syndicate Bank, Kulithalai branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Kulithalai 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 -

>>Kulithalai

MICR code for Syndicate Bank Kulithalai

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 Kulithalai 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 Syndicate Bank for Kulithalai branch. MICR code for Kulithalai 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 Kulithalai is presented in the table alongside.

Use of Syndicate Bank MICR code for Kulithalai branch in karur dist

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