IFSC Code, MICR Codes for SOUTH INDIAN BANK in TAMIL NADU - ERODE - BHAVANI - BHAVANI

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


IFSC Code

SIBL0000011

MICR Code

638059006

Branch

BHAVANI

Contact

230409

Address

BHAVANI BRANCH 701 MURUGAN TRANSPORT BLDG: METTUR ROAD BHAVANI BHAVANI - 638 302 TAMIL NADU PIN-638302

City

BHAVANI

District

ERODE

State

TAMIL NADU





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

SIBL0000011

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.