Syndicate Bank Madurai Dist Madurai Dist Tamil Nadu MICR CODE

Find MICR Codes for Syndicate Bank Madurai Dist Madurai Dist Tamil Nadu

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Thiruparankundram
Contact 9442203582
Bank Details Syndicate Bank Thiruparankundram SYNB0006219
Location Madurai Dist, Madurai Dist
City Madurai Dist
District Madurai Dist
State Tamil Nadu
Pincode 625005
Country IN
Address No 584/4 gst tpk rd opp drive aaarthy hotel thiruparankundram madurai dist tamil nadu 625005
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 625025018 for Thiruparankundram 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 625025018 of Syndicate Bank, Thiruparankundram branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Thiruparankundram 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 -

>>Thiruparankundram

MICR code for Syndicate Bank Thiruparankundram

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 Thiruparankundram 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. 625025018 is the MICR code of Syndicate Bank for Thiruparankundram branch. MICR code for Thiruparankundram 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 Thiruparankundram is presented in the table alongside.

Use of Syndicate Bank MICR code for Thiruparankundram branch in madurai dist

The MICR code 625025018 is used in RBI cheque clearing process to identify the branch Thiruparankundram 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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