IFSC Code, MICR Codes for SOUTH INDIAN BANK in MAHARASHTRA - GREATER BOMBAY - MUMBAI - MUMBAI ANDHERI EAST

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


IFSC Code

SIBL0000354

MICR Code

400059008

Branch

MUMBAI ANDHERI EAST

Contact

28257418

Address

SHOP NO.9 AMBIKA TOWERS AGADI NAGARPUMP HOUSEANDHERI EASTMUMBAI-400093

City

MUMBAI

District

GREATER BOMBAY

State

MAHARASHTRA





What is IFSC Code of SOUTH INDIAN BANK situated at MUMBAI ANDHERI EAST- RTGS-HO?
IFSC Code of SOUTH INDIAN BANK situated at MUMBAI ANDHERI EAST - RTGS-HO is

SIBL0000354

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.