IFSC Code, MICR Codes for SOUTH INDIAN BANK in KARNATAKA - BANGALORE URBAN - KENGERI - KENGERI SATELLITE TOWN

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


IFSC Code

SIBL0000583

MICR Code

NA

Branch

KENGERI SATELLITE TOWN

Contact

28482933

Address

SITE NO.18951895A MAIN ROAD(RING ROAD) SECOND CROSS KENGERI

City

KENGERI

District

BANGALORE URBAN

State

KARNATAKA





What is IFSC Code of SOUTH INDIAN BANK situated at KENGERI SATELLITE TOWN- RTGS-HO?
IFSC Code of SOUTH INDIAN BANK situated at KENGERI SATELLITE TOWN - RTGS-HO is

SIBL0000583

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.