Let Others Know
×
LinkedIn
Email
WhatsApp

South Indian Bank Davangere Davanagare Karnataka MICR CODE

Find MICR Codes for South Indian Bank Davangere Davanagare Karnataka

MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Davengere
Contact Thomas K.Manavalan, Senior Manager 08192-257654
Bank Details South Indian Bank Davengere SIBL0000235
Location Davangere, Davanagare
City Davangere
District Davanagare
State Karnataka
Pincode 577001
Country IN
Address Davengere branch,rk maganahalli complex,294/5 ,chamarajapet, davengere, karnataka , pin-577001
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 davanagare

You can search through MICR Codes of Karnataka branches in davangere of District davanagare 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-

>>Davangere

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

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

South Indian Bank MICR code in davangere

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