IFSC Code, MICR Codes for SOUTH INDIAN BANK in HARYANA - FARIDABAD - FARIDABAD - FARIDABAD

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


IFSC Code

SIBL0000555

MICR Code

110059022

Branch

FARIDABAD

Contact

2252316

Address

SHOP NO-60CLM MALLI P COLONYSECTOR30-33FARIDABAD

City

FARIDABAD

District

FARIDABAD

State

HARYANA





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

SIBL0000555

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.