Syndicate Bank Erode Erode Tamil Nadu MICR CODE

Find MICR Codes for Syndicate Bank Erode Erode Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	638025008
Bank	Syndicate Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vellakoil
Contact	2545951
Bank Details	Syndicate Bank Vellakoil SYNB0006567

Location	Erode, Erode
City	Erode
District	Erode
State	Tamil Nadu
Pincode	638111
Country	IN
Address	No 820-g erode road opp to bus stand vellakoil tamil nadu india 638111

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 638025008 for Vellakoil 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 638025008 of Syndicate Bank, Vellakoil branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Vellakoil branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Syndicate Bank are available with micr code -

>>Erode >>Veerappa Chatram Erode >>Vellakoil

MICR code for Syndicate Bank Vellakoil

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 Vellakoil 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. 638025008 is the MICR code of Syndicate Bank for Vellakoil branch. MICR code for Vellakoil 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 Vellakoil is presented in the table alongside.

Use of Syndicate Bank MICR code for Vellakoil branch in erode

The MICR code 638025008 is used in RBI cheque clearing process to identify the branch Vellakoil 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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