IFSC Code, MICR Codes for SOUTH INDIAN BANK in KARNATAKA - UTTAR KANNADA - KARWAR - KARWAR

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


IFSC Code

SIBL0000815

MICR Code

NA

Branch

KARWAR

Contact

227707

Address

GROUND FLOOR DOOR NO.1081 WARD NO.13 KAIKINI ROAD KARWAR PINCODE: 581301

City

KARWAR

District

UTTAR KANNADA

State

KARNATAKA





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

SIBL0000815

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.