IFSC Code, MICR Codes for SOUTH INDIAN BANK in TAMIL NADU - DHARMAPURI - PENNAGARAM - NALLANUR

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


IFSC Code

SIBL0000868

MICR Code

WAITING

Branch

NALLANUR

Contact

2365657

Address

DHARMAPURI PENNAGARAM HIGHWAY OPP JAYAM COLLEGE BILIYANUR P O DHARMAPURI 636813 TAMILNADU

City

PENNAGARAM

District

DHARMAPURI

State

TAMIL NADU





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

SIBL0000868

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.