South Indian Bank Kolkata Kolkata West Bengal MICR CODE

Find MICR Codes for South Indian Bank Kolkata Kolkata West Bengal

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MICR Code	700059003
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	Kolkata Burra Bazar
Contact	Tomy Joseph, Manager 033-22749433
Bank Details	South Indian Bank Kolkata Burra Bazar SIBL0000223

Location	Kolkata, Kolkata
City	Kolkata
District	Kolkata
State	West Bengal
Pincode	700007
Country	IN
Address	Kolkata burra bazar branch, sriniketan house , 25 ,kalikrishna tagore street , calcutta , west bengal , pin-700007

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 700059003 for Kolkata Burra Bazar 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 700059003 of South Indian Bank, Kolkata Burra Bazar branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Kolkata Burra Bazar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of South Indian Bank are available with micr code -

>>Behala >>Hatibagan >>Kolkata Ballygunge >>Kolkata Brabourne Road >>Kolkata Burra Bazar >>Kolkata Corporate >>Kolkata G.C Avenue >>Kolkata Garia >>Kolkata Howrah >>Kolkata Park Street >>Kolkata Salt Lake >>Vip Road Kankugachi Kolkata

MICR code for South Indian Bank Kolkata Burra Bazar

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 Kolkata Burra Bazar 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. 700059003 is the MICR code of South Indian Bank for Kolkata Burra Bazar branch. MICR code for Kolkata Burra Bazar 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 Kolkata Burra Bazar is presented in the table alongside.

Use of South Indian Bank MICR code for Kolkata Burra Bazar branch in kolkata

The MICR code 700059003 is used in RBI cheque clearing process to identify the branch Kolkata Burra Bazar 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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