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

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


IFSC Code

SIBL0000247

MICR Code

NA

Branch

PANANGAD

Contact

2270262

Address

DOOR NO: 10/574AKINALOOR VILLAGE UNNIKULAM THALAYAD P O EKAROOL KAKKAYAM ROADPANANGAD KERALA PIN-673574

City

UNNIKULAM

District

KOZHIKODE

State

KERALA





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

SIBL0000247

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.