IFSC Code, MICR Codes for SOUTH INDIAN BANK in JHARKHAND - RANCHI - RANCHI - RANCHI

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


IFSC Code

SIBL0000474

MICR Code

834059002

Branch

RANCHI

Contact

2232893

Address

SRIRAM GARDENSKANKE ROADRANCHIJHARKHAND

City

RANCHI

District

RANCHI

State

JHARKHAND





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

SIBL0000474

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.