IFSC Code, MICR Codes for SOUTH INDIAN BANK in GOA - NORTH GOA - PONDA - PONDA

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


IFSC Code

SIBL0000661

MICR Code

NA

Branch

PONDA

Contact

2311272

Address

SHOP NO-678988&89 GROUND FLOOR PONDA COMMERCE CENTRE GOMANT NAGARPONDA NORTH GOA-403401

City

PONDA

District

NORTH GOA

State

GOA





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

SIBL0000661

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.