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South Indian Bank Calicut Kozhikode Kerala MICR CODE

Find MICR Codes for South Indian Bank Calicut Kozhikode Kerala

Bank
State
District
City
Branch
Address

MICR Code	673059002
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	Kozhikode Main
Contact	Venugopalan K.P., Chief Manager 0495-2701880
Bank Details	South Indian Bank Kozhikode Main SIBL0000038

Location	Calicut, Kozhikode
City	Calicut
District	Kozhikode
State	Kerala
Pincode	673004
Country	IN
Address	Kozhikode (main) branch, d. No. 18/1175b, 1st floor, tee tee complex , jail road, kozhikode, kerala, pin-673004

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 673059002 for Kozhikode Main 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 673059002 of South Indian Bank, Kozhikode Main branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Kozhikode Main branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of South Indian Bank are available with micr code -

>>Kozhikode Main >>Kozhikode Mavoor Road >>Kozhikode S.M Street >>Kozhikode West Hill >>Perinthalmanna >>St. Josephs College Devagiri Ec

MICR code for South Indian Bank Kozhikode Main

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 Kozhikode Main 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. 673059002 is the MICR code of South Indian Bank for Kozhikode Main branch. MICR code for Kozhikode Main 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 Kozhikode Main is presented in the table alongside.

Use of South Indian Bank MICR code for Kozhikode Main branch in calicut

The MICR code 673059002 is used in RBI cheque clearing process to identify the branch Kozhikode Main 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.