South Indian Bank Kalyan Thane Maharashtra MICR CODE

Find MICR Codes for South Indian Bank Kalyan Thane Maharashtra

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MICR Code	400059016
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	Kalyan
Contact	Raju M.T., Manager 0251-2314834,2314824
Bank Details	South Indian Bank Kalyan SIBL0000467

Location	Kalyan, Thane
City	Kalyan
District	Thane
State	Maharashtra
Pincode	421034
Country	IN
Address	Kalyan branch, 5, 6, 7 & 8, 'vijayant', sawant complex, karnik road, opp. Elite classes, kalyan (w) thane, maharashtra, 421034

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.

Search South Indian Bank MICR Codes in thane

You can search through MICR Codes of Maharashtra branches in kalyan of District thane in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Kalyan

How to find MICR codes for South Indian Bank in kalyan?

South Indian Bank kalyan MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From South Indian Bank MICR codes list for kalyan, one can further search by branch name specified in the table. You can find MICR codes for all South Indian Bank kalyan branches.

South Indian Bank MICR code in kalyan

South Indian Bank MICR code is a character recognition technology used by banks in the processing of cheques. South Indian Bank MICR code for kalyan branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for South Indian Bank branches in kalyan, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does South Indian Bank MICR code for kalyan branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a South Indian Bank kalyan branch, sprinted 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. Thus MICR code for South Indian Bank kalyan branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of South Indian Bank MICR codes for kalyan branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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