South Indian Bank Akalakunnam (SIB)
Akalakunnam · Kottayam, Kerala
686059802 is the MICR code for the Akalakunnam branch of South Indian Bank, located in Kottayam, Kerala. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code SIBL0000281.
Bank
South Indian Bank
Branch & Address
Akalakunnam
Mar Sleeva Shopping Complex, Church Road, Akalakunnam, Po Kanjiramattam, via Chengalam, Kottayam, Kerala-686585
Kottayam, Akalakunnam, Kerala
Contact
+914812704242MICR Code Structure
686
City
059
Bank
802
Branch
City code 686 identifies the RBI clearing centre, bank code 059 identifies South Indian Bank, and branch code 802 identifies this specific branch.
Online Payment Methods Supported
Other South Indian Bank (SIB) branches near Kottayam
Other banks in Kottayam, Kerala
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (SIBL0000281) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 686059802 is in the middle, and your account number is on the right.