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

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


IFSC Code

SIBL0000501

MICR Code

NA

Branch

VENGARA

Contact

2459666

Address

VALAPPIL TOWER MAIN ROAD THAZHE ANGADIVEGARA P.O

City

MALAPPURAM

District

MALAPURAM

State

KERALA





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

SIBL0000501

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.