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

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


IFSC Code

SIBL0000293

MICR Code

638059005

Branch

INGUR

Contact

230236

Address

INGUR BRANCH SAKTHI COMPLEX 14/14 1ST FLOOR ERODE TAMIL NADU PIN-638058

City

INGUR

District

ERODE

State

TAMIL NADU





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

SIBL0000293

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.