Syndicate Bank Dindigul Dindigul Tamil Nadu MICR CODE

Find MICR Codes for Syndicate Bank Dindigul Dindigul Tamil Nadu

MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dindigul Nagalnagar
Contact
Bank Details Syndicate Bank Dindigul Nagalnagar SYNB0006202
Location Dindigul, Dindigul
City Dindigul
District Dindigul
State Tamil Nadu
Pincode 624003
Country IN
Address Sri lakshmi, no 121 railway station road, nagal nagar, dindigul, dindigul, tamilnadu, 624 003
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 Dindigul Nagalnagar 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, Dindigul Nagalnagar branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Dindigul Nagalnagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Syndicate Bank are available with micr code -

>>Dindigul Nagalnagar >>Dindigul West Car Street(Main)

MICR code for Syndicate Bank Dindigul Nagalnagar

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 Dindigul Nagalnagar 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 Dindigul Nagalnagar branch. MICR code for Dindigul Nagalnagar 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 Dindigul Nagalnagar is presented in the table alongside.

Use of Syndicate Bank MICR code for Dindigul Nagalnagar branch in dindigul

The MICR code 0 is used in RBI cheque clearing process to identify the branch Dindigul Nagalnagar 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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