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South Indian Bank Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for South Indian Bank Vadodara Vadodara Gujarat

Bank
State
District
City
Branch
Address

MICR Code	390059002
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	Vadodara (Baroda)
Contact	Vinod K K, Manager 0265-2361084
Bank Details	South Indian Bank Vadodara (Baroda) SIBL0000318

Location	Vadodara, Vadodara
City	Vadodara
District	Vadodara
State	Gujarat
Pincode	390005
Country	IN
Address	Vadodara (baroda) branch,1st floor ,orient business centre,opp. Suraj plaza, vadodara , gujarat , pin-390005

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 390059002 for Vadodara (Baroda) 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 390059002 of South Indian Bank, Vadodara (Baroda) branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Vadodara (Baroda) 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 -

>>Vadodara (Baroda)

MICR code for South Indian Bank Vadodara (Baroda)

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 Vadodara (Baroda) 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. 390059002 is the MICR code of South Indian Bank for Vadodara (Baroda) branch. MICR code for Vadodara (Baroda) 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 Vadodara (Baroda) is presented in the table alongside.

Use of South Indian Bank MICR code for Vadodara (Baroda) branch in vadodara

The MICR code 390059002 is used in RBI cheque clearing process to identify the branch Vadodara (Baroda) 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.