Syndicate Bank Coimbatore Pongalur Tamil Nadu MICR CODE

Find MICR Codes for Syndicate Bank Coimbatore Pongalur Tamil Nadu

↻ Reload
MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pongalur
Contact
Bank Details Syndicate Bank Pongalur SYNB0006574
Location Coimbatore, Pongalur
City Coimbatore
District Pongalur
State Tamil Nadu
Pincode 641667
Country IN
Address Syndicate bank,7/459-28 jayavel complex,trichy main road pongalur po,tirupur pongalur tamil nadu india 641667
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 Pongalur 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, Pongalur branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Pongalur 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 -

>>Pongalur

MICR code for Syndicate Bank Pongalur

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

Use of Syndicate Bank MICR code for Pongalur branch in coimbatore

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