IFSC Code, MICR Codes for SOUTH INDIAN BANK in CHANDIGARH - DURG - BHILAINAGAR - BHILAI NAGAR

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


IFSC Code

SIBL0000557

MICR Code

NA

Branch

BHILAI NAGAR

Contact

2293667

Address

GRACE PLAZA SHOP 107/108 BLOCK B NEHRU NAGAR SQUARE BHILAI NAGAR

City

BHILAINAGAR

District

DURG

State

CHANDIGARH





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

SIBL0000557

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.