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South Indian Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for South Indian Bank Delhi New Delhi New Delhi

MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Delhi Rohini
Contact Rajesh P.S., Manager 011-27942185
Bank Details South Indian Bank Delhi Rohini SIBL0000303
Location Delhi, New Delhi
City Delhi
District New Delhi
State New Delhi
Pincode 110085
Country IN
Address Delhi rohini branch,vikas plaza plot no. 2,space no. 103 ,community centre, delhi, delhi , pin-110085
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 110059005 for Delhi Rohini 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 110059005 of South Indian Bank, Delhi Rohini branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Delhi Rohini branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for South Indian Bank Delhi Rohini

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 Delhi Rohini 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. 110059005 is the MICR code of South Indian Bank for Delhi Rohini branch. MICR code for Delhi Rohini 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 Delhi Rohini is presented in the table alongside.

Use of South Indian Bank MICR code for Delhi Rohini branch in delhi

The MICR code 110059005 is used in RBI cheque clearing process to identify the branch Delhi Rohini 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.