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South Indian Bank Coimbatore Coimbotore Tamil Nadu MICR CODE

Find MICR Codes for South Indian Bank Coimbatore Coimbotore Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	642059002
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	Pollachi
Contact	Jayakrishnan V.C, Senior Manager 04259-224587
Bank Details	South Indian Bank Pollachi SIBL0000070

Location	Coimbatore, Coimbotore
City	Coimbatore
District	Coimbotore
State	Tamil Nadu
Pincode	642001
Country	IN
Address	Pollachi branch, 4, mkg complex ,new scheme road ,pollachi, coimbatore , tamil nadu, pin-642001

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 642059002 for Pollachi 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 642059002 of South Indian Bank, Pollachi branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Pollachi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 18 branches of South Indian Bank are available with micr code -

>>Coimbatore Big Bazar Street >>Coimbatore Ganapathy >>Coimbatore Gandhipuram >>Coimbatore Nggo Colony >>Coimbatore R S Puram >>Coimbatore Raja Street >>Coimbatore Saibaba Colony >>Coimbatore Service Branch >>Coimbatore Trichy >>Coonoor >>Kinattukadavu >>Koduvai >>Pallapalayam >>Pappampati >>Pollachi >>Tirupur >>Tirupur Overseas Branch >>Udumalpet

MICR code for South Indian Bank Pollachi

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 Pollachi 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. 642059002 is the MICR code of South Indian Bank for Pollachi branch. MICR code for Pollachi 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 Pollachi is presented in the table alongside.

Use of South Indian Bank MICR code for Pollachi branch in coimbatore

The MICR code 642059002 is used in RBI cheque clearing process to identify the branch Pollachi 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.