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

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


IFSC Code

SIBL0000733

MICR Code

NA

Branch

SAKKIMANGALAM

Contact

22611209

Address

1/135 SOURASTRA COLONY MEENATCHI NAGAR SAKKIMANGALAM MADURAI NORTH- 625201

City

MADURAI

District

MADURAI

State

TAMIL NADU





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

SIBL0000733

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.