Syndicate Bank Madurai Madurai Tamil Nadu MICR CODE

Find MICR Codes for Syndicate Bank Madurai Madurai Tamil Nadu

MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nagamalai Pudukottai
Contact 9551145635
Bank Details Syndicate Bank Nagamalai Pudukottai SYNB0006226
Location Madurai, Madurai
City Madurai
District Madurai
State Tamil Nadu
Pincode 625019
Country IN
Address Syndicate bank,d no 1b ist floor thendral nagar,theni main road nagamalai pudukottai madurai tamil nadu india 625019
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 625025025 for Nagamalai Pudukottai 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 625025025 of Syndicate Bank, Nagamalai Pudukottai branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Nagamalai Pudukottai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Syndicate Bank Nagamalai Pudukottai

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 Nagamalai Pudukottai 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. 625025025 is the MICR code of Syndicate Bank for Nagamalai Pudukottai branch. MICR code for Nagamalai Pudukottai 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 Nagamalai Pudukottai is presented in the table alongside.

Use of Syndicate Bank MICR code for Nagamalai Pudukottai branch in madurai

The MICR code 625025025 is used in RBI cheque clearing process to identify the branch Nagamalai Pudukottai 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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