IFSC Code, MICR Codes for SOUTH INDIAN BANK in ANDHRA PRADESH - KRISHNA - VIJAYAWADA - VIJAYWADA

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


IFSC Code

SIBL0000142

MICR Code

520059001

Branch

VIJAYWADA

Contact

2569094

Address

VIJAYWADA BRANCH9-61-16B.R.P.ROADISLAMPET VIJAYAWAD KRISHNA ANDHRA PRADESH PIN-520001

City

VIJAYAWADA

District

KRISHNA

State

ANDHRA PRADESH





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

SIBL0000142

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.