Syndicate Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Syndicate Bank Chennai Chennai Tamil Nadu

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MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Valasaravakkam Chennai
Contact 9444396933
Bank Details Syndicate Bank Valasaravakkam Chennai SYNB0006382
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600087
Country IN
Address No 147, pandian street alwarthirunagar valasaravakkam chennai 600087
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 600025057 for Valasaravakkam Chennai 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 600025057 of Syndicate Bank, Valasaravakkam Chennai branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Valasaravakkam Chennai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Valasaravakkam Chennai

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 Valasaravakkam Chennai 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. 600025057 is the MICR code of Syndicate Bank for Valasaravakkam Chennai branch. MICR code for Valasaravakkam Chennai 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 Valasaravakkam Chennai is presented in the table alongside.

Use of Syndicate Bank MICR code for Valasaravakkam Chennai branch in chennai

The MICR code 600025057 is used in RBI cheque clearing process to identify the branch Valasaravakkam Chennai 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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