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South Indian Bank Peruvemba Palakkad Kerala MICR CODE

Find MICR Codes for South Indian Bank Peruvemba Palakkad Kerala

Bank
State
District
City
Branch
Address

MICR Code	-NA-
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	Peruvemba
Contact	Johannan A.J., Manager 04923-252311
Bank Details	South Indian Bank Peruvemba SIBL0000069

Location	Peruvemba, Palakkad
City	Peruvemba
District	Palakkad
State	Kerala
Pincode	678531
Country	IN
Address	Peruvemba branch, a/242, siraj building,chungam ,peruvemba , palakkad , kerala, pin-678531

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 0 for Peruvemba 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 0 of South Indian Bank, Peruvemba branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Peruvemba 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 -

>>Peruvemba

MICR code for South Indian Bank Peruvemba

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 Peruvemba 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. 0 is the MICR code of South Indian Bank for Peruvemba branch. MICR code for Peruvemba 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 Peruvemba is presented in the table alongside.

Use of South Indian Bank MICR code for Peruvemba branch in peruvemba

The MICR code 0 is used in RBI cheque clearing process to identify the branch Peruvemba 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.