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South Indian Bank Thiruvananthapuram Trivandrum Kerala MICR CODE

Find MICR Codes for South Indian Bank Thiruvananthapuram Trivandrum Kerala

MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Thiruvananthapuram Chalai
Contact Damodaran P.K., Senior Manager 0471-2471003
Bank Details South Indian Bank Thiruvananthapuram Chalai SIBL0000089
Location Thiruvananthapuram, Trivandrum
City Thiruvananthapuram
District Trivandrum
State Kerala
Pincode 695023
Country IN
Address Thiruvananthapuram chalai branch,sivakami building ,power house road,thiruvananthapuram, thiruvananthapuram , kerala, pin-695023
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 695059003 for Thiruvananthapuram Chalai 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 695059003 of South Indian Bank, Thiruvananthapuram Chalai branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Thiruvananthapuram Chalai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for South Indian Bank Thiruvananthapuram Chalai

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 Thiruvananthapuram Chalai 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. 695059003 is the MICR code of South Indian Bank for Thiruvananthapuram Chalai branch. MICR code for Thiruvananthapuram Chalai 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 Thiruvananthapuram Chalai is presented in the table alongside.

Use of South Indian Bank MICR code for Thiruvananthapuram Chalai branch in thiruvananthapuram

The MICR code 695059003 is used in RBI cheque clearing process to identify the branch Thiruvananthapuram Chalai 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.