Syndicate Bank Madurai Madurai Tamil Nadu MICR CODE

Find MICR Codes for Syndicate Bank Madurai Madurai Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	625025004
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Madurai Ponmeni
Contact
Bank Details	Syndicate Bank Madurai Ponmeni SYNB0006207

Location	Madurai, Madurai
City	Madurai
District	Madurai
State	Tamil Nadu
Pincode	625010
Country	IN
Address	Plot no 7, 30c, , bye-pass road, , ponmeni, madurai, madurai, tamilnadu, 625 010

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 625025004 for Madurai Ponmeni 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 625025004 of Syndicate Bank, Madurai Ponmeni branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Madurai Ponmeni branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Syndicate Bank are available with micr code -

>>Amman Sannathi >>Anna Nagar Madurai >>Kamarajar Salai Madurai >>Madurai >>Madurai Lic Sellur >>Madurai Ponmeni >>Madurai Thirupalai >>Moondru Mavadi >>Nagamalai Pudukottai >>Regional Office Madurai >>Ro Madurai >>Tallakulam Madurai

MICR code for Syndicate Bank Madurai Ponmeni

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 Madurai Ponmeni 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. 625025004 is the MICR code of Syndicate Bank for Madurai Ponmeni branch. MICR code for Madurai Ponmeni 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 Madurai Ponmeni is presented in the table alongside.

Use of Syndicate Bank MICR code for Madurai Ponmeni branch in madurai

The MICR code 625025004 is used in RBI cheque clearing process to identify the branch Madurai Ponmeni 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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