Let Others Know
×
LinkedIn
Email
WhatsApp

South Indian Bank Palmakul Medak Andhra Pradesh MICR CODE

Find MICR Codes for South Indian Bank Palmakul Medak Andhra Pradesh

MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Palmakul
Contact Nimesh Thomas, Ph : 022-22611209, 22658977
Bank Details South Indian Bank Palmakul SIBL0000694
Location Palmakul, Medak
City Palmakul
District Medak
State Andhra Pradesh
Pincode 509325
Country IN
Address H.no.7-73/a, survey no.106 (new),palmakul village,shamshabad mandal,hyderabad-509325 r.r.dist., andhra pradesh
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 medak

You can search through MICR Codes of Andhra Pradesh branches in palmakul of District medak in Andhra Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

South Indian Bank branches with micr codes are available in 1 cities-

>>Palmakul

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

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

South Indian Bank MICR code in palmakul

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