IFSC Code, MICR Codes for SOUTH INDIAN BANK in SIKKIM - EAST SIKKIM - GANGTOK - GANGTOK

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


IFSC Code

SIBL0000871

MICR Code

NA

Branch

GANGTOK

Contact

2365657

Address

HUNGRY JACK PLAZA 31 A NATIONAL HIGHWAY GANGTOK EAST SIKKIM 737101 SIKKIM

City

GANGTOK

District

EAST SIKKIM

State

SIKKIM





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

SIBL0000871

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.