South Indian Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for South Indian Bank Delhi New Delhi New Delhi

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MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Delhi Janakpuri
Contact Virendra Singh Tanwar, Chief Manager 011-25558563,25557592
Bank Details South Indian Bank Delhi Janakpuri SIBL0000359
Location Delhi, New Delhi
City Delhi
District New Delhi
State New Delhi
Pincode 110058
Country IN
Address Delhi janakpuri branch, plot no. B- 6 ground floor ,block no. A- 1,local commercial shopping centre, janakpuri 110 058, delhi , pin-110058
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 110059006 for Delhi Janakpuri 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 110059006 of South Indian Bank, Delhi Janakpuri branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Delhi Janakpuri branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for South Indian Bank Delhi Janakpuri

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 Delhi Janakpuri 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. 110059006 is the MICR code of South Indian Bank for Delhi Janakpuri branch. MICR code for Delhi Janakpuri 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 Delhi Janakpuri is presented in the table alongside.

Use of South Indian Bank MICR code for Delhi Janakpuri branch in delhi

The MICR code 110059006 is used in RBI cheque clearing process to identify the branch Delhi Janakpuri 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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