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South Indian Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for South Indian Bank Delhi New Delhi New Delhi

Bank
State
District
City
Branch
Address

MICR Code	110059003
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	New Delhi Karol Bagh
Contact	Bobby James, Asst.General Manager 011-25724009,25745177
Bank Details	South Indian Bank New Delhi Karol Bagh SIBL0000117

Location	Delhi, New Delhi
City	Delhi
District	New Delhi
State	New Delhi
Pincode	110005
Country	IN
Address	New delhi karol bagh branch,16a-17,ajmalkhan road,karol bagh, delhi, delhi , pin-110005

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 110059003 for New Delhi Karol Bagh 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 110059003 of South Indian Bank, New Delhi Karol Bagh branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for New Delhi Karol Bagh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 17 branches of South Indian Bank are available with micr code -

>>Delhi Chandni Chowk >>Delhi Janakpuri >>Delhi Rajouri Garden >>Delhi Rohini >>New Delhi Chittaranjan Park >>New Delhi Connaught Place >>New Delhi Dwarka >>New Delhi Karol Bagh >>New Delhi Patparganj >>New Delhi Vasant Kunj >>New Delhi Vikas Puri >>New Delhi Vivek Vihar >>Newdelhi Mayur Vihar >>Newdelhi Nirman Vihar >>Newdelhi Sainik Vihar >>Newdelhi Service Branch >>Paschim Vihar

MICR code for South Indian Bank New Delhi Karol Bagh

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 New Delhi Karol Bagh 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. 110059003 is the MICR code of South Indian Bank for New Delhi Karol Bagh branch. MICR code for New Delhi Karol Bagh 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 New Delhi Karol Bagh is presented in the table alongside.

Use of South Indian Bank MICR code for New Delhi Karol Bagh branch in delhi

The MICR code 110059003 is used in RBI cheque clearing process to identify the branch New Delhi Karol Bagh 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.