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South Indian Bank Venkitangu Trissur Kerala MICR CODE

Find MICR Codes for South Indian Bank Venkitangu Trissur Kerala

Bank
State
District
City
Branch
Address

MICR Code	680059104
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	Venkitangu
Contact	Thomas M.D., Manager 0487-2260489
Bank Details	South Indian Bank Venkitangu SIBL0000158

Location	Venkitangu, Trissur
City	Venkitangu
District	Trissur
State	Kerala
Pincode	680510
Country	IN
Address	Venkitangu branch, st. Mary's church building ,enamavu centre,venkitangu, thrissur , kerala, pin-680510

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 680059104 for Venkitangu 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 680059104 of South Indian Bank, Venkitangu branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Venkitangu 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 -

>>Venkitangu

MICR code for South Indian Bank Venkitangu

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 Venkitangu 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. 680059104 is the MICR code of South Indian Bank for Venkitangu branch. MICR code for Venkitangu 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 Venkitangu is presented in the table alongside.

Use of South Indian Bank MICR code for Venkitangu branch in venkitangu

The MICR code 680059104 is used in RBI cheque clearing process to identify the branch Venkitangu 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.