IFSC Code, MICR Codes for SOUTH INDIAN BANK in MAHARASHTRA - THANE - VASAI - VASAI (EAST)

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


IFSC Code

SIBL0000679

MICR Code

400059018

Branch

VASAI (EAST)

Contact

2464991

Address

VASAI (EAST) BRANCH HOUSE NO. 1688 GROUND FLOOR GOKHIWARE NAKA VASAI (EAST)

City

VASAI

District

THANE

State

MAHARASHTRA





What is IFSC Code of SOUTH INDIAN BANK situated at VASAI (EAST)- RTGS-HO?
IFSC Code of SOUTH INDIAN BANK situated at VASAI (EAST) - RTGS-HO is

SIBL0000679

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.