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South Indian Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for South Indian Bank Delhi Delhi New Delhi

Bank
State
District
City
Branch
Address

MICR Code	-NA-
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 Malviya Nagar
Contact	Srijith B Nair , Ph : 022-22611209, 22658977
Bank Details	South Indian Bank New Delhi Malviya Nagar SIBL0000559

Location	Delhi, Delhi
City	Delhi
District	Delhi
State	New Delhi
Pincode	110017
Country	IN
Address	C-46, shivalik malviya nagar new delhi

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

A total of 9 branches of South Indian Bank are available with micr code -

>>Delhi Model Town >>Delhi Najafgarh >>Delhi Shalimar Bagh >>East Of Kailash >>New Delhi Corporate >>New Delhi Malviya Nagar >>New Delhi Punjabi Bagh >>New Delhi Tilak Nagar >>Shalimar Bagh

MICR code for South Indian Bank New Delhi Malviya Nagar

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 Malviya Nagar 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 New Delhi Malviya Nagar branch. MICR code for New Delhi Malviya Nagar 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 Malviya Nagar is presented in the table alongside.

Use of South Indian Bank MICR code for New Delhi Malviya Nagar branch in delhi

The MICR code 0 is used in RBI cheque clearing process to identify the branch New Delhi Malviya Nagar 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.