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

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


IFSC Code

SIBL0000596

MICR Code

676059809

Branch

VAILATHUR

Contact

2587060

Address

SHALIMAR COMPLEX PONMUNDAM P O VAILATHUR MALAPPURAM DT 676 106

City

VAILATHUR

District

MALAPPURAM

State

KERALA





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

SIBL0000596

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.