IFSC Code, MICR Codes for SOUTH INDIAN BANK in ANDHRA PRADESH - EAST GODAVARI - KOTIPALLY - KOTIPALLI

SOUTH INDIAN BANK RTGS HO Branch in KOTIPALLY - Address, IFSC, MICR Code


IFSC Code

SIBL0000252

MICR Code

NA

Branch

KOTIPALLI

Contact

2365657

Address

KOTIPALLI BRANCH 4/09PANCHAYATH ROAD KOTTIPALLI EAST GODAVARI ANDHRA PRADESH PIN-533306

City

KOTIPALLY

District

EAST GODAVARI

State

ANDHRA PRADESH





What is IFSC Code of SOUTH INDIAN BANK situated at KOTIPALLI- RTGS-HO?
IFSC Code of SOUTH INDIAN BANK situated at KOTIPALLI - RTGS-HO is

SIBL0000252

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.