IFSC Code, MICR Codes for SOUTH INDIAN BANK in KARNATAKA - BELGAUM - BELGAUM - BELGAUM

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


IFSC Code

SIBL0000175

MICR Code

590059002

Branch

BELGAUM

Contact

2460591

Address

PLOT NO:8HIGH STREET HAVELOCK ROAD CAMP BELGAUMBELGAUM KARNATAKA PIN-590001

City

BELGAUM

District

BELGAUM

State

KARNATAKA





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

SIBL0000175

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.