IFSC Code, MICR Codes for SOUTH INDIAN BANK in KERALA - KASARAGOD - BANDADKA - PADUPPU

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


IFSC Code

SIBL0000703

MICR Code

NA

Branch

PADUPPU

Contact

200111

Address

D.NO.KP IX 102AB PADUPPU 671 541 KUTTIKOLE PANCHAYATH KASARAGOD DT.KERALA STATE

City

BANDADKA

District

KASARAGOD

State

KERALA





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

SIBL0000703

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.