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

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


IFSC Code

SIBL0000402

MICR Code

670059002

Branch

PAYYANNUR

Contact

203526

Address

PAYYANNUR BRANCH 1ST FLOORD.NO. XXI/687A 27 TO 29 SEASON COMPLEX KANNUR KERALA PIN-670307

City

PAYYANNUR

District

KANNUR

State

KERALA





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

SIBL0000402

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.