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

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


IFSC Code

SIBL0000625

MICR Code

NA

Branch

MADURAI ANNA NAGAR

Contact

2527444

Address

NO. 37 -A GROUND FLOOR NEW LIC BUILDING 80 FEET ROAD ANNA NAGAR MADURAI - 625020

City

MADURAI

District

MADURAI

State

TAMIL NADU





What is IFSC Code of SOUTH INDIAN BANK situated at MADURAI ANNA NAGAR- RTGS-HO?
IFSC Code of SOUTH INDIAN BANK situated at MADURAI ANNA NAGAR - RTGS-HO is

SIBL0000625

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.