South Indian Bank, KARUNAGIRI

Here is the IFSC & MICR Codes of South Indian Bank, KARUNAGIRI, KHAMMAM, TELANGANA. Also get the latest address, contact number of South Indian Bank, KARUNAGIRI.

IFSC Code: SIBL0001022
Branch: KARUNAGIRI
Address: HNO 2-32/4, KARUNAGIRI SHOPPING COMPLEX,SHOP NO 10,11,12&13,PEDDA THANDA GRAMA PANCHAYAT, KHAMMAM DISTRICT-507003
Bank Code: SIBL
MICR: 507059002

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Frequently asked questions

What's the IFSC Code of KARUNAGIRI, South Indian Bank?: The IFSC Code of KARUNAGIRI, South Indian Bank is SIBL0001022.
What's the Address of KARUNAGIRI, South Indian Bank?: The Address of KARUNAGIRI, South Indian Bank is HNO 2-32/4, KARUNAGIRI SHOPPING COMPLEX,SHOP NO 10,11,12&13,PEDDA THANDA GRAMA PANCHAYAT, KHAMMAM DISTRICT-507003.
What's the MICR Code of KARUNAGIRI, South Indian Bank?: The MICR Code of KARUNAGIRI, South Indian Bank is 507059002.
What's the District KARUNAGIRI, South Indian Bank falls under?: The District KARUNAGIRI, South Indian Bank falls under is KARUNAGIRI.

Definition

What is IFSC Code

IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT (National Electronic Funds Transfer) system in India.

The IFSC code is used to facilitate electronic money transfers between banks in India. It is used to identify the sender and receiver bank branches, ensuring that the money is credited to the correct account. The IFSC code is made up of three parts:

The first four characters represent the bank code, identifying the bank that the branch belongs to.
The fifth character is always a zero, reserved for future use.
The last six characters represent the branch code, identifying the specific branch of the bank.

For example, the IFSC code for the State Bank of India's Mumbai Fort branch is SBIN0000300. In this code, "SBIN" is the bank code for State Bank of India, "0" is a reserved character, and "000300" is the branch code for the Mumbai Fort branch.

IFSC codes are used in many types of electronic transactions, including NEFT, RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).