South Indian Bank Noida Gautam Bodda Nagar Uttar Pradesh MICR CODE

Find MICR Codes for South Indian Bank Noida Gautam Bodda Nagar Uttar Pradesh

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MICR Code	110059018
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	Noida
Contact	Sreejil Mukund, Manager 0120-2440440
Bank Details	South Indian Bank Noida SIBL0000430

Location	Noida, Gautam Bodda Nagar
City	Noida
District	Gautam Bodda Nagar
State	Uttar Pradesh
Pincode	201301
Country	IN
Address	Noida branch, g-75b,ground floor , , parsvnath plaza, sector-27 , noida,goutham buddh nagar dist:, uttar pradesh , pin-201301

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 110059018 for Noida 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 110059018 of South Indian Bank, Noida branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Noida 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 -

>>Noida

MICR code for South Indian Bank Noida

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 Noida 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. 110059018 is the MICR code of South Indian Bank for Noida branch. MICR code for Noida 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 Noida is presented in the table alongside.

Use of South Indian Bank MICR code for Noida branch in noida

The MICR code 110059018 is used in RBI cheque clearing process to identify the branch Noida 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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