| MICR CODE | 490059002 |
|---|---|
| Bank | South Indian Bank |
| Branch | Bhilai Nagar |
| IFSC Code | IFSC Code South Indian Bank |
| Address | Grace Plaza, Shop 107/108, Block B, Nehru Nagar Square, Bhilai Nagar |
| City | Bhilainagar |
| State | Chhattisgarh |
Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.
MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).