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South Indian Bank Kaliyar Idukki Kerala MICR CODE

Find MICR Codes for South Indian Bank Kaliyar Idukki Kerala

MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kaliyar
Contact Francis K.K., Manager 04862-245342
Bank Details South Indian Bank Kaliyar SIBL0000243
Location Kaliyar, Idukki
City Kaliyar
District Idukki
State Kerala
Pincode 685582
Country IN
Address Kaliyar branch, thoppil buildings,kaliyar ,(via) thodupuzha, idukki , kerala, pin-685582
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 Kaliyar 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, Kaliyar branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Kaliyar 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 -

>>Kaliyar

MICR code for South Indian Bank Kaliyar

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

Use of South Indian Bank MICR code for Kaliyar branch in kaliyar

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