South Indian Bank Coimbatore Coimbotore Tamil Nadu MICR CODE

Find MICR Codes for South Indian Bank Coimbatore Coimbotore 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 Coimbatore Gandhipuram
Contact Manjiyil S.K., Chief Manager 0422-2492631
Bank Details South Indian Bank Coimbatore Gandhipuram SIBL0000111
Location Coimbatore, Coimbotore
City Coimbatore
District Coimbotore
State Tamil Nadu
Pincode 641012
Country IN
Address Coimbatore gandhipuram branch, ckn building , near karpakam building ,100 feet road,gandhipuram , coimbatore , tamil nadu, pin-641012
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 641059004 for Coimbatore Gandhipuram 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 641059004 of South Indian Bank, Coimbatore Gandhipuram branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Coimbatore Gandhipuram branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for South Indian Bank Coimbatore Gandhipuram

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 Coimbatore Gandhipuram 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. 641059004 is the MICR code of South Indian Bank for Coimbatore Gandhipuram branch. MICR code for Coimbatore Gandhipuram 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 Coimbatore Gandhipuram is presented in the table alongside.

Use of South Indian Bank MICR code for Coimbatore Gandhipuram branch in coimbatore

The MICR code 641059004 is used in RBI cheque clearing process to identify the branch Coimbatore Gandhipuram 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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