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South Indian Bank Irinjalakuda Thrissur Kerala MICR CODE

Find MICR Codes for South Indian Bank Irinjalakuda Thrissur Kerala

MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Konathukunnu
Contact Srijith B Nair , Ph : 022-22611209, 22658975
Bank Details South Indian Bank Konathukunnu SIBL0000545
Location Irinjalakuda, Thrissur
City Irinjalakuda
District Thrissur
State Kerala
Pincode 680123
Country IN
Address S n shopping complex, building no-18a, kodungallur road,thrissur,kerala
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 680059203 for Konathukunnu 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 680059203 of South Indian Bank, Konathukunnu branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Konathukunnu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of South Indian Bank are available with micr code -

>>Konathukunnu >>Nadavarambu

MICR code for South Indian Bank Konathukunnu

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 Konathukunnu 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. 680059203 is the MICR code of South Indian Bank for Konathukunnu branch. MICR code for Konathukunnu 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 Konathukunnu is presented in the table alongside.

Use of South Indian Bank MICR code for Konathukunnu branch in irinjalakuda

The MICR code 680059203 is used in RBI cheque clearing process to identify the branch Konathukunnu 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.