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South Indian Bank Thrissur Trissur Kerala MICR CODE

Find MICR Codes for South Indian Bank Thrissur Trissur Kerala

MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kandassankadavu
Contact Tony Paul Manjila, Manager 0487-2630394
Bank Details South Indian Bank Kandassankadavu SIBL0000030
Location Thrissur, Trissur
City Thrissur
District Trissur
State Kerala
Pincode 680613
Country IN
Address Kandassankadavu branch, church shoppig complex, ix/580 ,kandassankadavu , thrissur , kerala, pin-680613
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 680059022 for Kandassankadavu 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 680059022 of South Indian Bank, Kandassankadavu branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Kandassankadavu branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for South Indian Bank Kandassankadavu

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 Kandassankadavu 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. 680059022 is the MICR code of South Indian Bank for Kandassankadavu branch. MICR code for Kandassankadavu 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 Kandassankadavu is presented in the table alongside.

Use of South Indian Bank MICR code for Kandassankadavu branch in thrissur

The MICR code 680059022 is used in RBI cheque clearing process to identify the branch Kandassankadavu 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.