South Indian Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for South Indian Bank Bangalore Bangalore Urban Karnataka

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MICR Code	560059017
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	Bangalore Marthahally
Contact	Sheena Sudheendran, Manager 080 25228687
Bank Details	South Indian Bank Bangalore Marthahally SIBL0000491

Location	Bangalore, Bangalore Urban
City	Bangalore
District	Bangalore Urban
State	Karnataka
Pincode	560037
Country	IN
Address	F.p mansion,iii flr,marthahally rd,bangalore,karnataka

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 560059017 for Bangalore Marthahally 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 560059017 of South Indian Bank, Bangalore Marthahally branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Bangalore Marthahally branch, makes the characters readable even if there are other marks and stamps on it.

A total of 22 branches of South Indian Bank are available with micr code -

>>Banashankari >>Bangalore Brigade Road >>Bangalore Cantonment >>Bangalore Christ College >>Bangalore City >>Bangalore Corporate >>Bangalore Cox Town >>Bangalore Electronic City >>Bangalore Indira Nagar >>Bangalore Jayanagar >>Bangalore Kormangla >>Bangalore Kothanur >>Bangalore Malleswaram >>Bangalore Marthahally >>Bangalore Maruthisevanagar >>Bangalore R.T.Nagar >>Bangalore Sarjapur Road >>Bangalore Service Branch >>Bangalore St. Philominas Hospital >>Bangalore Yeswanthpur >>Carmelram Rosarian Training Institute >>Jyoti Nivas College

MICR code for South Indian Bank Bangalore Marthahally

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 Bangalore Marthahally 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. 560059017 is the MICR code of South Indian Bank for Bangalore Marthahally branch. MICR code for Bangalore Marthahally 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 Bangalore Marthahally is presented in the table alongside.

Use of South Indian Bank MICR code for Bangalore Marthahally branch in bangalore

The MICR code 560059017 is used in RBI cheque clearing process to identify the branch Bangalore Marthahally 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.

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