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South Indian Bank Vazhakulam Ernakulam Kerala MICR CODE

Find MICR Codes for South Indian Bank Vazhakulam Ernakulam Kerala

MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch South Vazhakulam
Contact 2365657
Bank Details South Indian Bank South Vazhakulam SIBL0000939
Location Vazhakulam, Ernakulam
City Vazhakulam
District Ernakulam
State Kerala
Pincode 683105
Country IN
Address Ward no 20,thadiyittaparambu junction,south vazhakulam p o,ernakulam
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 South Vazhakulam 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, South Vazhakulam branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for South Vazhakulam 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 -

>>South Vazhakulam >>Vazhakulam

MICR code for South Indian Bank South Vazhakulam

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 Vazhakulam 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 South Vazhakulam branch. MICR code for South Vazhakulam 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 Vazhakulam is presented in the table alongside.

Use of South Indian Bank MICR code for South Vazhakulam branch in vazhakulam

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