South Indian Bank Paraganas Sewli West Bengal MICR CODE

Find MICR Codes for South Indian Bank Paraganas Sewli West Bengal

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MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sewli
Contact 484-2365657
Bank Details South Indian Bank Sewli SIBL0001046
Location Paraganas, Sewli
City Paraganas
District Sewli
State West Bengal
Pincode 700121
Country IN
Address Ground floor, morning star college,barrackpore-barasat road,sewli, telinipara p o,north 24 paraganas, west bengal  700121
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 0 for Sewli 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 0 of South Indian Bank, Sewli branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for Sewli 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 -

>>Sewli

MICR code for South Indian Bank Sewli

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 Sewli 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. 0 is the MICR code of South Indian Bank for Sewli branch. MICR code for Sewli 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 Sewli is presented in the table alongside.

Use of South Indian Bank MICR code for Sewli branch in paraganas

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sewli 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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