IFSC Code, MICR Codes for SOUTH INDIAN BANK in ANDHRA PRADESH - HYDERABAD - HYDERABAD - ANNOJIGUDA

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


IFSC Code

SIBL0000693

MICR Code

500059022

Branch

ANNOJIGUDA

Contact

200266

Address

PLOT NO.4 5 & 6ANNOJIGUDA VILLAGEPOCHARAM PANCHAYATGHATKESAR MANDALHYDERABAD R.R. DIST-501301. ANDHRA PRADESH

City

HYDERABAD

District

HYDERABAD

State

ANDHRA PRADESH





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

SIBL0000693

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.