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

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


IFSC Code

SIBL0000628

MICR Code

505059002

Branch

KARIMNAGAR

Contact

6450628

Address

#2-6-299GROUND FLOOR A K ESTATES OPP.AXIS BANK NEAR MANAIR HOTEL MUKARAMPURAKARIMNAGAR DISTRICT ANDHRAPRADESH-505 001

City

KARIMNAGAR

District

KARIMNAGAR

State

ANDHRA PRADESH





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

SIBL0000628

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.