IFSC Code, MICR Codes for SOUTH INDIAN BANK in KERALA - PALAKKAD - POTTASSERY - PALAKKAYAM

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


IFSC Code

SIBL0000736

MICR Code

NA

Branch

PALAKKAYAM

Contact

256066

Address

T. JAYS COMPLEXBUILDING NO 704/APALAKKAYAM P O PALAKKAD- 678591

City

POTTASSERY

District

PALAKKAD

State

KERALA





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

SIBL0000736

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.