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South Indian Bank Bangalore Urban Peenya Karnataka MICR CODE

Find MICR Codes for South Indian Bank Bangalore Urban Peenya Karnataka

MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Peenya Industrial Area
Contact 2365657
Bank Details South Indian Bank Peenya Industrial Area SIBL0000911
Location Bangalore Urban, Peenya
City Bangalore Urban
District Peenya
State Karnataka
Pincode 560058
Country IN
Address 138-b, udayagiri complex, peenya 3rd phase industrial area,peenya,bangalore north,karnataka
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.

Search South Indian Bank MICR Codes in peenya

You can search through MICR Codes of Karnataka branches in bangalore urban of District peenya in Karnataka State by using the search box or you can browse through the table using the conrols at the bottom.

South Indian Bank branches with micr codes are available in 1 cities-

>>Bangalore Urban

How to find MICR codes for South Indian Bank in bangalore urban?

South Indian Bank bangalore urban MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From South Indian Bank MICR codes list for bangalore urban, one can further search by branch name specified in the table. You can find MICR codes for all South Indian Bank bangalore urban branches.

South Indian Bank MICR code in bangalore urban

South Indian Bank MICR code is a character recognition technology used by banks in the processing of cheques. South Indian Bank MICR code for bangalore urban branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for South Indian Bank branches in bangalore urban, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does South Indian Bank MICR code for bangalore urban branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a South Indian Bank bangalore urban branch, sprinted 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. Thus MICR code for South Indian Bank bangalore urban branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of South Indian Bank MICR codes for bangalore urban branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!