IFSC Code, MICR Codes for SOUTH INDIAN BANK in RAJASTHAN - JAIPUR - JAIPUR - JAIPUR

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


IFSC Code

SIBL0000429

MICR Code

302059251

Branch

JAIPUR

Contact

2740732

Address

JAIPUR BRANCH SHOP NO:103&106 APEX MALL LAL KOTHI TONK ROAD RAJASTHAN RAJASTHAN PIN-

City

JAIPUR

District

JAIPUR

State

RAJASTHAN





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

SIBL0000429

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.