IFSC Code, MICR Codes for SOUTH INDIAN BANK in KARNATAKA - BANGALORE URBAN - BANGALORE - BANGALORE BRIGADE ROAD

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


IFSC Code

SIBL0000108

MICR Code

560059005

Branch

BANGALORE BRIGADE ROAD

Contact

25570542

Address

BANGALORE BRIGADE ROAD BRANCH 74BRIGADE ROAD NR ST.JOSEPH'S CLG OF COMM BANGALORE BANGALORE KARNATAKA PIN-560025

City

BANGALORE

District

BANGALORE URBAN

State

KARNATAKA





What is IFSC Code of SOUTH INDIAN BANK situated at BANGALORE BRIGADE ROAD- RTGS-HO?
IFSC Code of SOUTH INDIAN BANK situated at BANGALORE BRIGADE ROAD - RTGS-HO is

SIBL0000108

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.