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

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


IFSC Code

SIBL0000121

MICR Code

643059102

Branch

COONOOR

Contact

2234500

Address

P B NO:10NEW PHARMACY BUILDING (1ST FLOOR) 15/7 NILGIRI TAMIL NADU PIN-643102

City

COIMBATORE

District

COIMBOTORE

State

TAMIL NADU





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

SIBL0000121

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.