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

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


IFSC Code

SIBL0000257

MICR Code

NA

Branch

CHEMBANODA

Contact

2666277

Address

CHEMBANODA BRANCH MAIN ROADCHEMBANODA(VIA) PERUVANNAMUZHI KOZHIKODE KERALA PIN-673528

City

CHEMBANODA

District

KOZHIKODE

State

KERALA





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

SIBL0000257

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.