Syndicate Bank Pollachi Coimbotore Tamil Nadu MICR CODE

Find MICR Codes for Syndicate Bank Pollachi Coimbotore Tamil Nadu

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pollachi Nachimuthu Polytechnic
Contact
Bank Details Syndicate Bank Pollachi Nachimuthu Polytechnic SYNB0006139
Location Pollachi, Coimbotore
City Pollachi
District Coimbotore
State Tamil Nadu
Pincode 642003
Country IN
Address Nachimuthu polytechnic campus, udumalai road, hakkinampatti post, pollachi, coimbatore, tamilnadu, 642 003
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 0 for Pollachi Nachimuthu Polytechnic 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, Pollachi Nachimuthu Polytechnic branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Pollachi Nachimuthu Polytechnic branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Syndicate Bank are available with micr code -

>>Pollachi >>Pollachi Nachimuthu Polytechnic

MICR code for Syndicate Bank Pollachi Nachimuthu Polytechnic

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 Pollachi Nachimuthu Polytechnic 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 Pollachi Nachimuthu Polytechnic branch. MICR code for Pollachi Nachimuthu Polytechnic 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 Pollachi Nachimuthu Polytechnic is presented in the table alongside.

Use of Syndicate Bank MICR code for Pollachi Nachimuthu Polytechnic branch in pollachi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Pollachi Nachimuthu Polytechnic 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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