IFSC Code, MICR Codes for SOUTH INDIAN BANK in CHANDIGARH - RAIPUR - RAIPUR - RAIPUR

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


IFSC Code

SIBL0000433

MICR Code

492059002

Branch

RAIPUR

Contact

2293171

Address

RAIPUR BRANCH AJIT TOWERS RAMSAGARPARA NEAR SINDHI SCHOOL CHHATTISGARH PIN-492001

City

RAIPUR

District

RAIPUR

State

CHANDIGARH





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

SIBL0000433

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.