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

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


IFSC Code

SIBL0000248

MICR Code

533059102

Branch

RAJAHMUNDRY

Contact

2442643

Address

DNO-6-3-13CHALLAPALLIVARIT-NAGARRAJAHMUNDRY ANDHRA PRADESH PIN-533101

City

RAJAHMUNDRY

District

EAST GODAVARI

State

ANDHRA PRADESH





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

SIBL0000248

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.