South Indian Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for South Indian Bank Chennai Chennai Tamil Nadu

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MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chennai Anna Nagar
Contact Chithra H, Chief Manager 044-26161760
Bank Details South Indian Bank Chennai Anna Nagar SIBL0000282
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600040
Country IN
Address Chennai anna nagar branch, 995 e,2nd avenue anna nagar ,chennai , chennai, tamil nadu, pin-600040
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 600059009 for Chennai Anna Nagar 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 600059009 of South Indian Bank, Chennai Anna Nagar branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Chennai Anna Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for South Indian Bank Chennai Anna Nagar

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 Chennai Anna Nagar 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. 600059009 is the MICR code of South Indian Bank for Chennai Anna Nagar branch. MICR code for Chennai Anna Nagar 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 Chennai Anna Nagar is presented in the table alongside.

Use of South Indian Bank MICR code for Chennai Anna Nagar branch in chennai

The MICR code 600059009 is used in RBI cheque clearing process to identify the branch Chennai Anna Nagar 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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