IFSC Code, MICR Codes for SOUTH INDIAN BANK in TAMIL NADU - MADURAI - MADURAI - DINDIGUL

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


IFSC Code

SIBL0000021

MICR Code

624059002

Branch

DINDIGUL

Contact

2422234

Address

DINDIGUL BRANCH 3 MAIN ROAD DINDIGULDINDIGUL DT. DINDIGUL TAMIL NADU PIN-624001

City

MADURAI

District

MADURAI

State

TAMIL NADU





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

SIBL0000021

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.