IFSC Code, MICR Codes for SOUTH INDIAN BANK in TAMIL NADU - KANNIYAKUMARI - NAGERCOIL - NAGERCOIL

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


IFSC Code

SIBL0000053

MICR Code

629059002

Branch

NAGERCOIL

Contact

227380

Address

NAGERCOIL BRANCH1ST FLOOR XAVIER BUILDING ASSISSI CAMPUS KANYAKUMARI TAMIL NADU PIN-629001

City

NAGERCOIL

District

KANNIYAKUMARI

State

TAMIL NADU





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

SIBL0000053

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.