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South Indian Bank Ayarkunnam Kottayam Kerala MICR CODE

Find MICR Codes for South Indian Bank Ayarkunnam Kottayam Kerala

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	South Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ayarkunnam
Contact	Leelama K.L., Senior Manager 0481-2542439
Bank Details	South Indian Bank Ayarkunnam SIBL0000006

Location	Ayarkunnam, Kottayam
City	Ayarkunnam
District	Kottayam
State	Kerala
Pincode	686564
Country	IN
Address	Ayarkunnam branch, kunnappallil building, , ayarkunnam , kottayam , kerala, pin-686564

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

A total of 1 branches of South Indian Bank are available with micr code -

>>Ayarkunnam

MICR code for South Indian Bank Ayarkunnam

South Indian Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. South Indian Bank MICR code for Ayarkunnam 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 South Indian Bank for Ayarkunnam branch. MICR code for Ayarkunnam 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 South Indian Bank Ayarkunnam is presented in the table alongside.

Use of South Indian Bank MICR code for Ayarkunnam branch in ayarkunnam

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ayarkunnam and South Indian 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 South Indian Bank is typically in either of these two font’s: E-138 and CMC-7.