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South Indian Bank Bidadi Bangalore Rural Karnataka MICR CODE

Find MICR Codes for South Indian Bank Bidadi Bangalore Rural Karnataka

MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bidadi
Contact Babulal P.R., Manager 080-27204296
Bank Details South Indian Bank Bidadi SIBL0000487
Location Bidadi, Bangalore Rural
City Bidadi
District Bangalore Rural
State Karnataka
Pincode 562109
Country IN
Address Ikon college premises, b m road,bidadi, bangalore, 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 bangalore rural

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

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

>>Bidadi

How to find MICR codes for South Indian Bank in bidadi?

South Indian Bank bidadi 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 bidadi, one can further search by branch name specified in the table. You can find MICR codes for all South Indian Bank bidadi branches.

South Indian Bank MICR code in bidadi

South Indian Bank MICR code is a character recognition technology used by banks in the processing of cheques. South Indian Bank MICR code for bidadi 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 bidadi, 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 bidadi 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 bidadi 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 bidadi branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of South Indian Bank MICR codes for bidadi branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!