South Indian Bank Jammu Jammu Jammu And Kashmir MICR CODE

Find MICR Codes for South Indian Bank Jammu Jammu Jammu And Kashmir

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MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jammu
Contact Mohamed Abdunnazar K., Senior Manager 0191-2432867
Bank Details South Indian Bank Jammu SIBL0000470
Location Jammu, Jammu
City Jammu
District Jammu
State Jammu And Kashmir
Pincode 180004
Country IN
Address Jammu branch, house no 91 a, gole market gandhi nagar, jammu, jammu & kashmir, 180004
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 0 for Jammu 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 0 of South Indian Bank, Jammu branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Jammu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of South Indian Bank are available with micr code -

>>Jammu

MICR code for South Indian Bank Jammu

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 Jammu 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. 0 is the MICR code of South Indian Bank for Jammu branch. MICR code for Jammu 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 Jammu is presented in the table alongside.

Use of South Indian Bank MICR code for Jammu branch in jammu

The MICR code 0 is used in RBI cheque clearing process to identify the branch Jammu 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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