IFSC Code, MICR Codes for SOUTH INDIAN BANK in KERALA - ERNAKULAM - KOCHI - ERNAKULAM VENNALA

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


IFSC Code

SIBL0000423

MICR Code

682059021

Branch

ERNAKULAM VENNALA

Contact

2806756

Address

ERNAKULAM VENNALA BRANCH DOOR NO. 33/2171 A1BYE-PASS JUNCTION KAKKANAD ROAD KERALA PIN-682028

City

KOCHI

District

ERNAKULAM

State

KERALA





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

SIBL0000423

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.