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

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


IFSC Code

SIBL0000302

MICR Code

636059003

Branch

SALEM LEIGH BAZAR

Contact

2431007

Address

SALEM LEIGH BAZAR BRANCH SREE LAKSHMI COMPLEX 4/33OMALUR MAIN ROAD SALEM TAMIL NADU PIN-636004

City

SALEM

District

SALEM

State

TAMIL NADU





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

SIBL0000302

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.