IFSC Code, MICR Codes for SOUTH INDIAN BANK in TAMIL NADU - COIMBOTORE - COIMBATORE - KODUVAI

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


IFSC Code

SIBL0000099

MICR Code

NA

Branch

KODUVAI

Contact

2312240

Address

KODUVAI BRANCH RAJALAKSHMI COMPLEX (1ST FLOOR) 7/131MAIN ROAD COIMBATORE TAMIL NADU PIN-638660

City

COIMBATORE

District

COIMBOTORE

State

TAMIL NADU





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

SIBL0000099

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.