SIBL0000124 IFSC Code, SOUTH INDIAN BANK, MERCARA

IFSC Code of South Indian Bank, Mercara, Karnataka IFSC CODE & MICR CODE

SOUTH INDIAN BANK, MERCARA - SIBL0000124

  • Bank name: SOUTH INDIAN BANK

Bank Address: Post Box No 36, Sri Lakshmi Complex, College Road, Madikeri, Kodagu, Karnataka 571201

  • IFSC Code sibl0000124
  • Bank Code SIBL
  • Bank name SOUTH INDIAN BANK
  • Bank contact number +918272229601
  • Bank branch MERCARA
  • Bank ISO3166 Code IN-KA
  • Bank Center MADIKERI
  • MICR Code 571059099
  • State name KARNATAKA
  • District name MADIKERI
  • City name MADIKERI
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for SOUTH INDIAN BANK, MERCARA branch is SIBL0000124, ensures that your transactions are directed to the correct branch.

How to Use SIBL0000124 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the MERCARA branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.