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South Indian Bank Gangtok East Sikkim Sikkim MICR CODE

Find MICR Codes for South Indian Bank Gangtok East Sikkim Sikkim

MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gangtok
Contact 2365657
Bank Details South Indian Bank Gangtok SIBL0000871
Location Gangtok, East Sikkim
City Gangtok
District East Sikkim
State Sikkim
Pincode 737101
Country IN
Address Hungry jack plaza, 31 a national highway, gangtok, east sikkim 737101, sikkim
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 east sikkim

You can search through MICR Codes of Sikkim branches in gangtok of District east sikkim in Sikkim 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 -

>>Gangtok

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

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

South Indian Bank MICR code in gangtok

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