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South Indian Bank Othakalmandapam Coimbotore Tamil Nadu MICR CODE

Find MICR Codes for South Indian Bank Othakalmandapam Coimbotore Tamil Nadu

MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Othakalmandapam
Contact Sukumaran K.M., Manager 0422-2610664
Bank Details South Indian Bank Othakalmandapam SIBL0000201
Location Othakalmandapam, Coimbotore
City Othakalmandapam
District Coimbotore
State Tamil Nadu
Pincode 641032
Country IN
Address Othakalmandapam branch, 10/53,senthilkumar building ,pollachi main road, coimbatore , tamil nadu, pin-641032
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 coimbotore

You can search through MICR Codes of Tamil Nadu branches in othakalmandapam of District coimbotore 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 -

>>Othakalmandapam

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

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

South Indian Bank MICR code in othakalmandapam

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