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 Triplicane
Contact Rajeevu M.A., Senior Manager 044-28443300
Bank Details South Indian Bank Chennai Triplicane SIBL0000112
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600005
Country IN
Address Chennai triplicane branch, 150, triplicane high road,triplicane, chennai, tamil nadu, pin-600005
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 600059007 for Chennai Triplicane 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 600059007 of South Indian Bank, Chennai Triplicane branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Chennai Triplicane branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for South Indian Bank Chennai Triplicane

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 Triplicane 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. 600059007 is the MICR code of South Indian Bank for Chennai Triplicane branch. MICR code for Chennai Triplicane 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 Triplicane is presented in the table alongside.

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

The MICR code 600059007 is used in RBI cheque clearing process to identify the branch Chennai Triplicane 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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