IFSC Code, MICR Codes for SOUTH INDIAN BANK in KERALA - MALAPPURAM - MARANCHERI - MARANCHERY

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


IFSC Code

SIBL0000594

MICR Code

NA

Branch

MARANCHERY

Contact

2672200

Address

M A SQUARE BUILDING PONNANI GURUVAYUR ROAD MARANCHERY MALAPPURAM 679 581

City

MARANCHERI

District

MALAPPURAM

State

KERALA





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

SIBL0000594

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.