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

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


IFSC Code

SIBL0000864

MICR Code

NA

Branch

WAKAD

Contact

2365657

Address

OFFICE NO 1 GANGA OSIAN SQUARE A BUILDING WAKAD PUNE 411057

City

PUNE

District

PUNE

State

MAHARASHTRA





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

SIBL0000864

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.