IFSC Code, MICR Codes for SOUTH INDIAN BANK in DELHI - NEW DELHI - DELHI - NEW DELHI KAROL BAGH

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


IFSC Code

SIBL0000117

MICR Code

110059003

Branch

NEW DELHI KAROL BAGH

Contact

25724009

Address

NEW DELHI KAROL BAGH BRANCH16A-17AJMALKHAN ROADKAROL BAGH DELHI DELHI PIN-110005

City

DELHI

District

NEW DELHI

State

DELHI





What is IFSC Code of SOUTH INDIAN BANK situated at NEW DELHI KAROL BAGH- RTGS-HO?
IFSC Code of SOUTH INDIAN BANK situated at NEW DELHI KAROL BAGH - RTGS-HO is

SIBL0000117

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.