IFSC Code, MICR Codes for SOUTH INDIAN BANK in TAMIL NADU - CHENNAI - CHENNAI - CHENNAI T. NAGAR

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


IFSC Code

SIBL0000357

MICR Code

600059013

Branch

CHENNAI T. NAGAR

Contact

28143589

Address

CHENNAI T. NAGAR BRANCH KENCEEY'S TOWERS NO. 1 RAMAKRISHNA ROAD CHENNAI TAMIL NADU PIN-600017

City

CHENNAI

District

CHENNAI

State

TAMIL NADU





What is IFSC Code of SOUTH INDIAN BANK situated at CHENNAI T. NAGAR- RTGS-HO?
IFSC Code of SOUTH INDIAN BANK situated at CHENNAI T. NAGAR - RTGS-HO is

SIBL0000357

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.