Syndicate Bank Pala Kottayam Kerala MICR CODE

Find MICR Codes for Syndicate Bank Pala Kottayam Kerala

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Pala
Contact
Bank Details	Syndicate Bank Pala SYNB0004359

Location	Pala, Kottayam
City	Pala
District	Kottayam
State	Kerala
Pincode	686575
Country	IN
Address	Chempakathumkal bldg,pala kottayam main road,kottaramattom,pala, kottayam dist, pin 686 575

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 Pala 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, Pala branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Pala 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 -

>>Pala

MICR code for Syndicate Bank Pala

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 Pala 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 Pala branch. MICR code for Pala 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 Pala is presented in the table alongside.

Use of Syndicate Bank MICR code for Pala branch in pala

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

Copied!