South Indian Bank Kottayam Kottayam Kerala MICR CODE

Find MICR Codes for South Indian Bank Kottayam Kottayam Kerala

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MICR Code	686059001
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	Kappad
Contact	Varghese M.A., Manager 04828-236933
Bank Details	South Indian Bank Kappad SIBL0000240

Location	Kottayam, Kottayam
City	Kottayam
District	Kottayam
State	Kerala
Pincode	686508
Country	IN
Address	Thambalakkad branch, kozhimala building , k.e. Road, kappad, kottayam , kottayam , kerala, pin-686508

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 686059001 for Kappad 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 686059001 of South Indian Bank, Kappad branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Kappad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 18 branches of South Indian Bank are available with micr code -

>>Athirampuzha >>Bharananganam >>Chengaroor >>Cherpunkal >>Kanjikuzhy >>Kappad >>Kottayam >>Kottayam Collectorate Jn >>Kottayam Medical College >>Kuriakose Elias School Mannanam >>Nagampadam >>Pandalam >>Pathanad >>Ranni >>St Thomas Hospital >>St. Gits College Ec Pathamuttam >>Thellakom >>Uzhavoor

MICR code for South Indian Bank Kappad

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 Kappad 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. 686059001 is the MICR code of South Indian Bank for Kappad branch. MICR code for Kappad 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 Kappad is presented in the table alongside.

Use of South Indian Bank MICR code for Kappad branch in kottayam

The MICR code 686059001 is used in RBI cheque clearing process to identify the branch Kappad 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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