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South Indian Bank Karunagapally Kollam Kerala MICR CODE

Find MICR Codes for South Indian Bank Karunagapally Kollam Kerala

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	South Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Karunagapally
Contact	Surendran K., Manager 0476-2620267
Bank Details	South Indian Bank Karunagapally SIBL0000140

Location	Karunagapally, Kollam
City	Karunagapally
District	Kollam
State	Kerala
Pincode	690518
Country	IN
Address	Karunagapally branch,chaithanya shopping complex ,nh. ,door no. Kp 374a, kollam , kerala, pin-690518

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 Karunagapally 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, Karunagapally branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Karunagapally 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 -

>>Karunagapally

MICR code for South Indian Bank Karunagapally

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

Use of South Indian Bank MICR code for Karunagapally branch in karunagapally

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