IFSC Code, MICR Codes for SOUTH INDIAN BANK in ANDHRA PRADESH - RANGAREDDY - KUKATPALLY - NIZAMPET

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


IFSC Code

SIBL0000597

MICR Code

500059015

Branch

NIZAMPET

Contact

23894234

Address

H. NO. 3-147/35 MAIN ROAD NIZAMPET QUTBULLAPUR MANDAL RANGAREDDY DIST ANDHRA PRADESH500 090

City

KUKATPALLY

District

RANGAREDDY

State

ANDHRA PRADESH





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

SIBL0000597

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.