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South Indian Bank Cannur Cannur Kerala MICR CODE

Find MICR Codes for South Indian Bank Cannur Cannur Kerala

Bank
State
District
City
Branch
Address

MICR Code	670059003
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	South Bazar Kannur
Contact	Thomas John, Ph : 022-22611209, 22658977
Bank Details	South Indian Bank South Bazar Kannur SIBL0000657

Location	Cannur, Cannur
City	Cannur
District	Cannur
State	Kerala
Pincode	670002
Country	IN
Address	Sb 5/1-2,near makkani , south bazar, kannur kerala-670 002

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 670059003 for South Bazar Kannur 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 670059003 of South Indian Bank, South Bazar Kannur branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for South Bazar Kannur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of South Indian Bank are available with micr code -

>>Perumpadavu >>South Bazar Kannur

MICR code for South Indian Bank South Bazar Kannur

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 South Bazar Kannur 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. 670059003 is the MICR code of South Indian Bank for South Bazar Kannur branch. MICR code for South Bazar Kannur 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 South Bazar Kannur is presented in the table alongside.

Use of South Indian Bank MICR code for South Bazar Kannur branch in cannur

The MICR code 670059003 is used in RBI cheque clearing process to identify the branch South Bazar Kannur 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.