Let Others Know
×
LinkedIn
Email
WhatsApp

South Indian Bank Malappuram Malapuram Kerala MICR CODE

Find MICR Codes for South Indian Bank Malappuram Malapuram Kerala

MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Changaramkulam
Contact Francis K.A., Senior Manager 0494-2650389
Bank Details South Indian Bank Changaramkulam SIBL0000014
Location Malappuram, Malapuram
City Malappuram
District Malapuram
State Kerala
Pincode 679575
Country IN
Address Changaramkulam branch, mas shpping cmplx,narinipuzha rd ,changaramkulam,po nannamukku , malappuram , kerala, pin-679575
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 Changaramkulam 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, Changaramkulam branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Changaramkulam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of South Indian Bank are available with micr code -

>>Changaramkulam >>Changaramkulam (Nri) >>Chemmad Tirurangadi >>Edakkara >>Edavanna >>Karuvarakundu >>Kizhissery >>Malappuram >>Mongam >>Puthanathani >>Vengara

MICR code for South Indian Bank Changaramkulam

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 Changaramkulam 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 Changaramkulam branch. MICR code for Changaramkulam 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 Changaramkulam is presented in the table alongside.

Use of South Indian Bank MICR code for Changaramkulam branch in malappuram

The MICR code 0 is used in RBI cheque clearing process to identify the branch Changaramkulam 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.