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

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


IFSC Code

SIBL0000359

MICR Code

110059006

Branch

DELHI JANAKPURI

Contact

25557592

Address

PLOT NO. B- 6 GROUND FLOOR BLOCK NO. A- 1LOCAL COMMERCIAL SHOPPING CENTRE JANAKPURI 110 058 DELHI PIN-110058

City

DELHI

District

NEW DELHI

State

DELHI





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

SIBL0000359

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.