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

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


IFSC Code

SIBL0000349

MICR Code

642059102

Branch

UDUMALPET

Contact

231602

Address

UDUMALPET BRANCH SREE TOWERS 168/4PALANI ROAD P.O.GANDHI NAGAR COIMBATORE TAMIL NADU PIN-642154

City

COIMBATORE

District

COIMBOTORE

State

TAMIL NADU





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

SIBL0000349

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.