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

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


IFSC Code

SIBL0000502

MICR Code

NA

Branch

KARUVARAKUNDU

Contact

282282

Address

HOLY FAMILY CHURCH BUILDING NILUMBURPEURMBILAB STATE HIGHWAY KARUVARAKUNDU

City

MALAPPURAM

District

MALAPURAM

State

KERALA





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

SIBL0000502

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.