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South Indian Bank Thippasandra Bangalore Rural Karnataka MICR CODE

Find MICR Codes for South Indian Bank Thippasandra Bangalore Rural Karnataka

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	Thippasandra
Contact	Srijith B Nair , Ph : 022-22611209, 22658979
Bank Details	South Indian Bank Thippasandra SIBL0000542

Location	Thippasandra, Bangalore Rural
City	Thippasandra
District	Bangalore Rural
State	Karnataka
Pincode	560037
Country	IN
Address	31/39,manitha mansion,vygnana nagar,thippasandra-560037

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

>>Thippasandra

MICR code for South Indian Bank Thippasandra

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 Thippasandra 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 Thippasandra branch. MICR code for Thippasandra 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 Thippasandra is presented in the table alongside.

Use of South Indian Bank MICR code for Thippasandra branch in thippasandra

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