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South Indian Bank Thalassery Cannur Kerala MICR CODE

Find MICR Codes for South Indian Bank Thalassery Cannur Kerala

MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mambaram Senior Secondary School Ec
Contact
Bank Details South Indian Bank Mambaram Senior Secondary School Ec SIBL0000851
Location Thalassery, Cannur
City Thalassery
District Cannur
State Kerala
Pincode 670741
Country IN
Address Mambaram english medium senior secondary school, mambaram, kannur 670741
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 Mambaram Senior Secondary School Ec 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, Mambaram Senior Secondary School Ec branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Mambaram Senior Secondary School Ec 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 -

>>Mambaram Senior Secondary School Ec

MICR code for South Indian Bank Mambaram Senior Secondary School Ec

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 Mambaram Senior Secondary School Ec 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 Mambaram Senior Secondary School Ec branch. MICR code for Mambaram Senior Secondary School Ec 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 Mambaram Senior Secondary School Ec is presented in the table alongside.

Use of South Indian Bank MICR code for Mambaram Senior Secondary School Ec branch in thalassery

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mambaram Senior Secondary School Ec 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.