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

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


IFSC Code

SIBL0000277

MICR Code

641059005

Branch

COIMBATORE SAIBABA COLONY

Contact

2430985

Address

COIMBATORE SAIBABA COLONY BRANCH 62/431-435 NSR ROAD SAIBABA COLONY COIMBATORE TAMIL NADU PIN-641011

City

COIMBATORE

District

COIMBOTORE

State

TAMIL NADU





What is IFSC Code of SOUTH INDIAN BANK situated at COIMBATORE SAIBABA COLONY- RTGS-HO?
IFSC Code of SOUTH INDIAN BANK situated at COIMBATORE SAIBABA COLONY - RTGS-HO is

SIBL0000277

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.