| MICR CODE | 560059018 |
|---|---|
| Bank | South Indian Bank |
| Branch | Banashankari |
| IFSC Code | IFSC Code South Indian Bank |
| Address | 569, C.r Complex, 80 Ft.road ,30th Main, Banashankari, Bangalore Metro 80 Ft Road, Bangalore |
| City | Bangalore |
| State | Karnataka |
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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).