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South Indian Bank Kurumandur Erode Tamil Nadu MICR CODE

Find MICR Codes for South Indian Bank Kurumandur Erode Tamil Nadu

MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kurumandur
Contact Cyril Joseph Tamby, Manager 04285-254151
Bank Details South Indian Bank Kurumandur SIBL0000177
Location Kurumandur, Erode
City Kurumandur
District Erode
State Tamil Nadu
Pincode 638457
Country IN
Address Kurumandur branch, main road,kurumandur, erode, tamil nadu, pin-638457
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 638059009 for Kurumandur 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 638059009 of South Indian Bank, Kurumandur branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Kurumandur 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 -

>>Kurumandur

MICR code for South Indian Bank Kurumandur

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 Kurumandur 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. 638059009 is the MICR code of South Indian Bank for Kurumandur branch. MICR code for Kurumandur 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 Kurumandur is presented in the table alongside.

Use of South Indian Bank MICR code for Kurumandur branch in kurumandur

The MICR code 638059009 is used in RBI cheque clearing process to identify the branch Kurumandur 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.