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South Indian Bank Changodar Ahmadabad Gujarat MICR CODE

Find MICR Codes for South Indian Bank Changodar Ahmadabad Gujarat

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	Changodar
Contact	0484-2365657, Br0824@sib.Co.In
Bank Details	South Indian Bank Changodar SIBL0000824

Location	Changodar, Ahmadabad
City	Changodar
District	Ahmadabad
State	Gujarat
Pincode	382213
Country	IN
Address	Shop no. 32to 36, ground floor, satyam arcade, village moraiya, sarkhej bavala highway, changodar,ahmedabad-382213

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 Changodar 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, Changodar branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Changodar 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 -

>>Changodar

MICR code for South Indian Bank Changodar

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

Use of South Indian Bank MICR code for Changodar branch in changodar

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