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

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


IFSC Code

SIBL0000458

MICR Code

638059003

Branch

PERUNDURAI

Contact

224933

Address

NO.104/1 J.PTOWERS OLD BUS STAND ROAD PINCODE:638052 PERUNDURAI PERUNGUDI VILLAGEERODE DIST OLD BUS STAND ROAD TAMIL NADU ERODE

City

PERUNDURAI

District

ERODE

State

TAMIL NADU





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

SIBL0000458

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.