IFSC Code, MICR Codes for SOUTH INDIAN BANK in TAMIL NADU - KANCHEEPURAM - PADAPPAI - PADAPPAI

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


IFSC Code

SIBL0000203

MICR Code

600059015

Branch

PADAPPAI

Contact

27174248

Address

PADAPPAI BRANCH 2/410BAZAR STREETPADAPPAI KANCHEEPURAM TAMIL NADU PIN-601301

City

PADAPPAI

District

KANCHEEPURAM

State

TAMIL NADU





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

SIBL0000203

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.