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South Indian Bank Ollur Thrissur Kerala MICR CODE

Find MICR Codes for South Indian Bank Ollur Thrissur Kerala

MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Holy Angels Road Ollur
Contact Srijith B Nair , Ph : 022-22611209, 22658975
Bank Details South Indian Bank Holy Angels Road Ollur SIBL0000533
Location Ollur, Thrissur
City Ollur
District Thrissur
State Kerala
Pincode 680306
Country IN
Address Holy angels english hss,ollur,thrissur,kerala 680306
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 thrissur

You can search through MICR Codes of Kerala branches in ollur of District thrissur in Kerala State by using the search box or you can browse through the table using the conrols at the bottom.

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

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

South Indian Bank MICR code in ollur

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