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South Indian Bank Koratty Thrissur Kerala MICR CODE

Find MICR Codes for South Indian Bank Koratty Thrissur Kerala

MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Koratty
Contact Thomas John, Ph : 022-22611209, 22658977
Bank Details South Indian Bank Koratty SIBL0000646
Location Koratty, Thrissur
City Koratty
District Thrissur
State Kerala
Pincode 680308
Country IN
Address 468/c, ward xiv,opp.govt of india press nh-47, koratty- thrissur, kerala680308
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 thrissur

You can search through MICR Codes of Kerala branches in koratty of District thrissur in Kerala State by using the search box or you can browse through the table using the conrols at the bottom.

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

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

South Indian Bank MICR code in koratty

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