IFSC Code, MICR Codes for SOUTH INDIAN BANK in MAHARASHTRA - PUNE - PUNE - BIBWEWADI

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


IFSC Code

SIBL0000499

MICR Code

NA

Branch

BIBWEWADI

Contact

24268082

Address

GROUND FLOOR TODKAR GARDENBIBWEWADI-KONDHWA ROAD BIBWEWADI

City

PUNE

District

PUNE

State

MAHARASHTRA





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

SIBL0000499

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.