Syndicate Bank Coimbatore Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for Syndicate Bank Coimbatore Coimbatore Tamil Nadu

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vadavalli
Contact 9442203582
Bank Details Syndicate Bank Vadavalli SYNB0006560
Location Coimbatore, Coimbatore
City Coimbatore
District Coimbatore
State Tamil Nadu
Pincode 641041
Country IN
Address Vom complex door no 49 ramasamy pillai st nr bus stand vadavali coimbatore tamil nadu 641041
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 641025036 for Vadavalli 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 641025036 of Syndicate Bank, Vadavalli branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Vadavalli branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Vadavalli

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 Vadavalli 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. 641025036 is the MICR code of Syndicate Bank for Vadavalli branch. MICR code for Vadavalli 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 Vadavalli is presented in the table alongside.

Use of Syndicate Bank MICR code for Vadavalli branch in coimbatore

The MICR code 641025036 is used in RBI cheque clearing process to identify the branch Vadavalli 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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