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South Indian Bank Gunadala Krishna Andhra Pradesh MICR CODE

Find MICR Codes for South Indian Bank Gunadala Krishna Andhra Pradesh

MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch St Josephs Industrial Training Centre
Contact 2365657
Bank Details South Indian Bank St Josephs Industrial Training Centre SIBL0000921
Location Gunadala, Krishna
City Gunadala
District Krishna
State Andhra Pradesh
Pincode
Country IN
Address St josephs industrial training centre,door no 45-1-41,ward no 5,eluru road,gunadala
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 krishna

You can search through MICR Codes of Andhra Pradesh branches in gunadala of District krishna in Andhra Pradesh 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 2 cities-

>>Gunadala >>Vijayawada

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

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

South Indian Bank MICR code in gunadala

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