South Indian Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for South Indian Bank Delhi Delhi New Delhi

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MICR Code	110059031
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	Delhi Model Town
Contact	Alby Peter , Ph : 022-22611209, 22658977
Bank Details	South Indian Bank Delhi Model Town SIBL0000724

Location	Delhi, Delhi
City	Delhi
District	Delhi
State	New Delhi
Pincode	110009
Country	IN
Address	Plot no. 22, block c- 5,model town phase 3,opp post office, delhi- 110009

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 110059031 for Delhi Model Town 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 110059031 of South Indian Bank, Delhi Model Town branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Delhi Model Town branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of South Indian Bank are available with micr code -

>>Delhi Model Town >>Delhi Najafgarh >>Delhi Shalimar Bagh >>East Of Kailash >>New Delhi Corporate >>New Delhi Malviya Nagar >>New Delhi Punjabi Bagh >>New Delhi Tilak Nagar >>Shalimar Bagh

MICR code for South Indian Bank Delhi Model Town

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 Model Town 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. 110059031 is the MICR code of South Indian Bank for Delhi Model Town branch. MICR code for Delhi Model Town 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 Model Town is presented in the table alongside.

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

The MICR code 110059031 is used in RBI cheque clearing process to identify the branch Delhi Model Town 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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