SIBL0000696 IFSC Code, SOUTH INDIAN BANK, MEDBOWLI

IFSC Code of South Indian Bank, Medbowli, Andhra Pradesh IFSC CODE & MICR CODE

SOUTH INDIAN BANK, MEDBOWLI - SIBL0000696

  • Bank name: SOUTH INDIAN BANK

Bank Address: Survey No.8, Tkr Educational Society,medbowli Village,saroor Nagar Mandal,hyderabad -500097 R.r.dist., Andhra Pradesh

  • IFSC Code sibl0000696
  • Bank Code SIBL
  • Bank name SOUTH INDIAN BANK
  • Bank contact number +914024094696
  • Bank branch MEDBOWLI
  • Bank ISO3166 Code IN-AP
  • Bank Center HYDERABAD
  • MICR Code 500059025
  • State name ANDHRA PRADESH
  • District name HYDERABAD
  • City name HYDERABAD
  • 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, MEDBOWLI branch is SIBL0000696, ensures that your transactions are directed to the correct branch.

How to Use SIBL0000696 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 MEDBOWLI 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.