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

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


IFSC Code

SIBL0000092

MICR Code

676059001

Branch

VALANCHERRY

Contact

2645430

Address

2194-WARD NO-1XMAYYERI COMPLEXKOZHIKODE ROAD MALAPPURAM KERALA PIN-676552

City

VALANCHERRY

District

MALAPURAM

State

KERALA





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

SIBL0000092

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.