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South Indian Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for South Indian Bank Chennai Chennai Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	600059014
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	Poonamallee
Contact	Vincent V.P., Senior Manager 044-26494165
Bank Details	South Indian Bank Poonamallee SIBL0000407

Location	Chennai, Chennai
City	Chennai
District	Chennai
State	Tamil Nadu
Pincode	600056
Country	IN
Address	Poonamallee branch, 70, idayam complex ,trunk road,karayan chavadi , chennai, tamil nadu, pin-600056

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 600059014 for Poonamallee 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 600059014 of South Indian Bank, Poonamallee branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Poonamallee 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 -

>>Adayar >>Chennai Anna Nagar >>Chennai Ashok Nagar >>Chennai G T >>Chennai Industrial Finance Branch >>Chennai Kellys >>Chennai Mount Road >>Chennai Mylapore >>Chennai Nungambakkam >>Chennai Service >>Chennai T. Nagar >>Chennai Triplicane >>Chennai Woods Road >>Koyambedu >>Poonamallee >>St. Thomas Mount Chennai >>Vadapalani >>Velachery

MICR code for South Indian Bank Poonamallee

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 Poonamallee 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. 600059014 is the MICR code of South Indian Bank for Poonamallee branch. MICR code for Poonamallee 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 Poonamallee is presented in the table alongside.

Use of South Indian Bank MICR code for Poonamallee branch in chennai

The MICR code 600059014 is used in RBI cheque clearing process to identify the branch Poonamallee 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.