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	700059005
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 Howrah
Contact	Saibal Datta, Manager 033-26555805
Bank Details	South Indian Bank Kolkata Howrah SIBL0000156

Location	Kolkata, Kolkata
City	Kolkata
District	Kolkata
State	West Bengal
Pincode	711106
Country	IN
Address	Howrah (kolkata) branch, 2, hazarimull shah road,bandaghat ,howrah, howrah , west bengal , pin-711106

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 700059005 for Kolkata Howrah 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 700059005 of South Indian Bank, Kolkata Howrah branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Kolkata Howrah 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 Howrah

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 Howrah 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. 700059005 is the MICR code of South Indian Bank for Kolkata Howrah branch. MICR code for Kolkata Howrah 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 Howrah is presented in the table alongside.

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

The MICR code 700059005 is used in RBI cheque clearing process to identify the branch Kolkata Howrah 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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