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South Indian Bank Paravur Ernakulam Kerala MICR CODE

Find MICR Codes for South Indian Bank Paravur Ernakulam Kerala

Bank
State
District
City
Branch
Address

MICR Code	682059020
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	North Parur
Contact	Cherian A.H., Manager 0484-2442381
Bank Details	South Indian Bank North Parur SIBL0000058

Location	Paravur, Ernakulam
City	Paravur
District	Ernakulam
State	Kerala
Pincode	683513
Country	IN
Address	North parur branch,vii/3 ,main road ,north parur , ernakulam, kerala, pin-683513

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 682059020 for North Parur 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 682059020 of South Indian Bank, North Parur branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for North Parur 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 -

>>North Parur

MICR code for South Indian Bank North Parur

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 North Parur 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. 682059020 is the MICR code of South Indian Bank for North Parur branch. MICR code for North Parur 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 North Parur is presented in the table alongside.

Use of South Indian Bank MICR code for North Parur branch in paravur

The MICR code 682059020 is used in RBI cheque clearing process to identify the branch North Parur 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.