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

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


IFSC Code

SIBL0000448

MICR Code

682059023

Branch

VELI COCHIN

Contact

2228242

Address

VELI-COCHIN BRANCH COCHIN SOCIAL SERVICES SOCIETY VELI FORT COCHIN ERNAKULAM KERALA

City

KOCHI

District

ERNAKULAM

State

KERALA





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

SIBL0000448

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.