IFSC Code, MICR Codes for SOUTH INDIAN BANK in KERALA - KANNUR - CANNUR - PAYANGADI

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


IFSC Code

SIBL0000427

MICR Code

NA

Branch

PAYANGADI

Contact

2875890

Address

PAYANGADI BRANCH DOOR NO: XI/585 A BUS STAND ROAD PAYANGADI KERALA STATE KERALA PIN-670358

City

CANNUR

District

KANNUR

State

KERALA





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

SIBL0000427

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.