South Indian Bank Udaipur Udaipur Rajasthan MICR CODE

Find MICR Codes for South Indian Bank Udaipur Udaipur Rajasthan

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MICR Code
Bank South Indian Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch St. Teresas Senior Secondary School
Contact 2365657
Bank Details South Indian Bank St. Teresas Senior Secondary School SIBL0000914
Location Udaipur, Udaipur
City Udaipur
District Udaipur
State Rajasthan
Pincode 313001
Country IN
Address St. Teresas sr. Sec. School, puspagiri,bohra ganesh ji road,shastri circle, sub office, udaipur,rajasthan
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 St. Teresas Senior Secondary School 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, St. Teresas Senior Secondary School branch makes the system almost error free and faster. Use of South Indian Bank MICR codes for St. Teresas Senior Secondary School branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of South Indian Bank are available with micr code -

>>St. Teresas Senior Secondary School >>Udaipur

MICR code for South Indian Bank St. Teresas Senior Secondary School

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 St. Teresas Senior Secondary School 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 St. Teresas Senior Secondary School branch. MICR code for St. Teresas Senior Secondary School 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 St. Teresas Senior Secondary School is presented in the table alongside.

Use of South Indian Bank MICR code for St. Teresas Senior Secondary School branch in udaipur

The MICR code 0 is used in RBI cheque clearing process to identify the branch St. Teresas Senior Secondary School 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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