IFSC Code, MICR Codes for SOUTH INDIAN BANK in TAMIL NADU - SALEM - SALEM - SALEM MAIN

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


IFSC Code

SIBL0000075

MICR Code

636059002

Branch

SALEM MAIN

Contact

2353940

Address

SALEM MAIN BRANCH DOOR NO. 13-16 LIGHT HOUSE COMPLEXOMALUR MAIN ROADSALEM TAMIL NADU PIN-636009

City

SALEM

District

SALEM

State

TAMIL NADU





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

SIBL0000075

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.