IFSC Code, MICR Codes for SOUTH INDIAN BANK in TAMIL NADU - CHENNAI - CHENNAI - CHENNAI MYLAPORE

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


IFSC Code

SIBL0000149

MICR Code

600059005

Branch

CHENNAI MYLAPORE

Contact

24982116

Address

CHENNAI MYLAPORE BRANCH 1ST FLOOROMS LAKSHANA 146 ROYPETTAH HIGH ROAD CHENNAI TAMIL NADU PIN-600004

City

CHENNAI

District

CHENNAI

State

TAMIL NADU





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

SIBL0000149

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.