IFSC Code, MICR Codes for SOUTH INDIAN BANK in GUJARAT - SURAT - VESU - VESU SURAT

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


IFSC Code

SIBL0000890

MICR Code

NA

Branch

VESU SURAT

Contact

2365657

Address

MONEY ARCADE G D GOYANKA SCHOOL CANAL ROAD VESU BHARATHANA VESU SURAT GUJARAT 395007

City

VESU

District

SURAT

State

GUJARAT





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

SIBL0000890

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.