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South Indian Bank Palai Kottayam Kerala MICR CODE

Find MICR Codes for South Indian Bank Palai Kottayam Kerala

MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Arunapuram
Contact Chacko K.J., Manager 0482-2212545
Bank Details South Indian Bank Arunapuram SIBL0000453
Location Palai, Kottayam
City Palai
District Kottayam
State Kerala
Pincode 686574
Country IN
Address Arunapuram branch, st thomas college, palai, kottayam, kerala
MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Brilliant Student Centre Ec
Contact
Bank Details South Indian Bank Brilliant Student Centre Ec SIBL0000879
Location Palai, Kottayam
City Palai
District Kottayam
State Kerala
Pincode 686573
Country IN
Address Brilliant, mutholy-kodungoor road, mutholy, puliyannoor, kottayam 686573
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 kottayam

You can search through MICR Codes of Kerala branches in palai of District kottayam 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 palai?

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

South Indian Bank MICR code in palai

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