South Indian Bank Rajahmundry East Godavari Andhra Pradesh MICR CODE

Find MICR Codes for South Indian Bank Rajahmundry East Godavari Andhra Pradesh

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MICR Code	533059102
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	Rajahmundry
Contact	Kondola Rao J., Manager 0883-2442643
Bank Details	South Indian Bank Rajahmundry SIBL0000248

Location	Rajahmundry, East Godavari
City	Rajahmundry
District	East Godavari
State	Andhra Pradesh
Pincode	533101
Country	IN
Address	Rajahmundry branch,7-28-2,1st floor ,hotel kalinga bldg, east godavari, andhra pradesh, pin-533101

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 533059102 for Rajahmundry 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 533059102 of South Indian Bank, Rajahmundry branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Rajahmundry 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 -

>>Rajahmundry

MICR code for South Indian Bank Rajahmundry

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 Rajahmundry 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. 533059102 is the MICR code of South Indian Bank for Rajahmundry branch. MICR code for Rajahmundry 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 Rajahmundry is presented in the table alongside.

Use of South Indian Bank MICR code for Rajahmundry branch in rajahmundry

The MICR code 533059102 is used in RBI cheque clearing process to identify the branch Rajahmundry 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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