Syndicate Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Syndicate Bank Chennai Chennai Tamil Nadu

MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ayanavaram Chennai
Contact 25219964
Bank Details Syndicate Bank Ayanavaram Chennai SYNB0006051
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600023
Country IN
Address Old no 27 new no 44 anderson road ayanavaram ayanavaram chennai india 600023
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 600025079 for Ayanavaram 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 600025079 of Syndicate Bank, Ayanavaram Chennai branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Ayanavaram Chennai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Ayanavaram 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 Ayanavaram 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. 600025079 is the MICR code of Syndicate Bank for Ayanavaram Chennai branch. MICR code for Ayanavaram 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 Ayanavaram Chennai is presented in the table alongside.

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

The MICR code 600025079 is used in RBI cheque clearing process to identify the branch Ayanavaram 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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