IFSC Code, MICR Codes for SOUTH INDIAN BANK in TAMIL NADU - CHENNAI - CHENNAI - CHENNAI INDUSTRIAL FINANCE BRANCH

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


IFSC Code

SIBL0000312

MICR Code

600059010

Branch

CHENNAI INDUSTRIAL FINANCE BRANCH

Contact

28603965

Address

CHENNAI INDUSTRIAL FINANCE BRANCH 110 RAHEJA TOWERS 177ANNA SALAI CHENNAI TAMIL NADU PIN-600002

City

CHENNAI

District

CHENNAI

State

TAMIL NADU





What is IFSC Code of SOUTH INDIAN BANK situated at CHENNAI INDUSTRIAL FINANCE BRANCH- RTGS-HO?
IFSC Code of SOUTH INDIAN BANK situated at CHENNAI INDUSTRIAL FINANCE BRANCH - RTGS-HO is

SIBL0000312

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.