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South Indian Bank Perumbavoor Ernakulam Kerala MICR CODE

Find MICR Codes for South Indian Bank Perumbavoor Ernakulam Kerala

Bank
State
District
City
Branch
Address

MICR Code	683059051
Bank	South Indian Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Perumbavoor
Contact	Manoj A., Manager 0484-2523118
Bank Details	South Indian Bank Perumbavoor SIBL0000164

Location	Perumbavoor, Ernakulam
City	Perumbavoor
District	Ernakulam
State	Kerala
Pincode	683542
Country	IN
Address	Perumbavoor branch,madaparambil arcade ,kalady road ,permbavoor, ernakulam, kerala, pin-683542

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.

How does MICR code 683059051 for Perumbavoor branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 683059051 of South Indian Bank, Perumbavoor branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Perumbavoor branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of South Indian Bank are available with micr code -

>>Perumbavoor

MICR code for South Indian Bank Perumbavoor

South Indian Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. South Indian Bank MICR code for Perumbavoor is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 683059051 is the MICR code of South Indian Bank for Perumbavoor branch. MICR code for Perumbavoor branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for South Indian Bank Perumbavoor is presented in the table alongside.

Use of South Indian Bank MICR code for Perumbavoor branch in perumbavoor

The MICR code 683059051 is used in RBI cheque clearing process to identify the branch Perumbavoor and South Indian Bank bank for clearing processes. The MICR characters, which are printed 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. MICR code of South Indian Bank is typically in either of these two font’s: E-138 and CMC-7.