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

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


IFSC Code

SIBL0000074

MICR Code

691001001

Branch

KOLLAM

Contact

2742027

Address

KOLLAM BRANCH BISHOP JEROME NGR COMM CMPLX CHINNAKADAKOLLAM KOLLAM KERALA PIN-691001

City

KOLLAM

District

KOLLAM

State

KERALA





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

SIBL0000074

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.