Syndicate Bank Thiruvananthapuram Trivandrum Kerala MICR CODE

Find MICR Codes for Syndicate Bank Thiruvananthapuram Trivandrum Kerala

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Panavoor
Contact
Bank Details Syndicate Bank Panavoor SYNB0004012
Location Thiruvananthapuram, Trivandrum
City Thiruvananthapuram
District Trivandrum
State Kerala
Pincode 695568
Country IN
Address Aji buildings, panavoor, nedumangad taluk, , thiruvananthapuram, kerala, 695 568
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 695025402 for Panavoor 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 695025402 of Syndicate Bank, Panavoor branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Panavoor branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Panavoor

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 Panavoor 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. 695025402 is the MICR code of Syndicate Bank for Panavoor branch. MICR code for Panavoor 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 Panavoor is presented in the table alongside.

Use of Syndicate Bank MICR code for Panavoor branch in thiruvananthapuram

The MICR code 695025402 is used in RBI cheque clearing process to identify the branch Panavoor 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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