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South Indian Bank Palakkad Palakkad Kerala MICR CODE

Find MICR Codes for South Indian Bank Palakkad Palakkad Kerala

MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Palakkad
Contact Benny Mathews M.R., Senior Manager 0491-2522655
Bank Details South Indian Bank Palakkad SIBL0000063
Location Palakkad, Palakkad
City Palakkad
District Palakkad
State Kerala
Pincode 678001
Country IN
Address Palakkad branch,15/11 ,gandhi bazar road ,palakkad, palakkad , kerala, pin-678001
MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Goolikadavu
Contact Chandran E., Manager 04924-254405
Bank Details South Indian Bank Goolikadavu SIBL0000287
Location Palakkad, Palakkad
City Palakkad
District Palakkad
State Kerala
Pincode 678581
Country IN
Address Goolikadavu branch, fathima matha complex,goolikadavu ,attapady, palakkad , kerala, pin-678581
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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 palakkad

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

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

South Indian Bank MICR code in palakkad

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