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South Indian Bank Namakkal Namakkal Tamil Nadu MICR CODE

Find MICR Codes for South Indian Bank Namakkal Namakkal Tamil Nadu

MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Namakkal
Contact 0484-2365657, Br0752@sib.Co.In
Bank Details South Indian Bank Namakkal SIBL0000752
Location Namakkal, Namakkal
City Namakkal
District Namakkal
State Tamil Nadu
Pincode 637001
Country IN
Address 337/114 b-1,kkp complex, opp. Lmr theatre, salem road, namakkal-637001
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 namakkal

You can search through MICR Codes of Tamil Nadu branches in namakkal of District namakkal in Tamil Nadu State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of South Indian Bank are available with micr code -

>>Namakkal

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

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

South Indian Bank MICR code in namakkal

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