Syndicate Bank Melur Madurai Tamil Nadu MICR CODE

Find MICR Codes for Syndicate Bank Melur Madurai Tamil Nadu

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Melur
Contact 8025705783
Bank Details Syndicate Bank Melur SYNB0006211
Location Melur, Madurai
City Melur
District Madurai
State Tamil Nadu
Pincode 625106
Country IN
Address No 868 a govindan complex madurai m,ain road,melur madurai district tam
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 625025012 for Melur 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 625025012 of Syndicate Bank, Melur branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Melur 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 -

>>Melur

MICR code for Syndicate Bank Melur

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 Melur 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. 625025012 is the MICR code of Syndicate Bank for Melur branch. MICR code for Melur 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 Melur is presented in the table alongside.

Use of Syndicate Bank MICR code for Melur branch in melur

The MICR code 625025012 is used in RBI cheque clearing process to identify the branch Melur 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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