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

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


IFSC Code

SIBL0000279

MICR Code

560059009

Branch

BANGALORE MALLESWARAM

Contact

23368321

Address

BANGALORE MALLESWARAM BRANCH 230 1ST FLOOR 15TH CROSSMALLESWARAM BANGALORE KARNATAKA PIN-560003

City

BANGALORE

District

BANGALORE URBAN

State

KARNATAKA





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

SIBL0000279

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.