South Indian Bank IFSC code & MICR code
State wise list of South Indian Bank IFSC code & MICR code.
Search for IFSC/MICR codes
or Choose State from list below
South Indian Bank IFSC Code:
Online money transfer has been redefined by services like NEFT (National Electronic Funds Transfer) and RTGS (Real Time Gross Settlement). Introduced by the RBI, both these systems of making online payments have simplified the process of money transfer greatly, while also helping save time. South Indian Bank also offers its customers the service of NEFT and RTGS, which may be used to transfer money to any account held with a bank which is a part of the NEFT network. Compared to earlier times when money transfer used to take days to process, NEFT and RTGS can complete the process in a matter of a few hours or overnight. In order to initiate an NEFT or RTGS transaction, banks require a special code known as the IFSC or Indian Financial System Code.
The IFSC is an 11 character code which consists of a combination of alphabets and numbers. This code is essential for making any NEFT or RTGS transaction and helps identify the source and destination bank in the event of a fund transfer. This 11 character code consists of three parts wherein the first 4 characters signify the name of the bank, the fifth character always remains zero and is reserved for future use, and the last 6 characters represent the branch code. So, for example, the South Indian Bank IFSC code for the Mysore branch is SIBL0000258. Here, the first 4 characters 'SIBL' represent the name of the bank, the fifth character remains zero, and the last 6 characters, '000258' represent the branch code.
How to Search For South Indian Bank IFSC & MICR Codes?
If you are looking for the IFSC code for any branch of South Indian Bank, you can do so with ease, online and offline. IFSC codes for any South Indian Bank branch can be found printed on the cheque leaves of cheque books issued by the bank. Online, you need to visit BankBazaar where you can find the IFSC and MICR codes of South Indian Bank with ease. Simply go to the bottom of the website's main page where you will find a link titled 'Bank IFSC Code'. Clicking on that link will take you to a new page where you will get 4 drop down menus asking for the name of the bank, the state and district it is in and the specific branch which you're looking for. Once the requested information has been input, the page will immediately display the name of the bank, the IFSC and MICR codes of the bank, its address and contact details as well.
How to Transfer Money Using South Indian Bank NEFT and RTGS?
Transferring money via NEFT or RTGS involves a simple procedure. Both these methods of money transfer make use of an IFSC (Indian Financial System Code) to transfer funds from one account to another. South Indian Bank provides its customers the facility of NEFT and RTGS to make speedy payments.
NEFT:
NEFT, also known as National Electronic Funds Transfer is a system of electronic fund transfer which has been introduced by the RBI to allow customers to transfer money from one account to another. NEFT is a secure, reliable, economical and efficient method of money transfer where the payments are settled in batches. Currently the bank makes NEFT settlement in 6 batches daily. NEFT is ideal to make low value payments and customers must submit the duly filled in NEFT application form, the cheque for the amount to be transferred. There is no upper value limit or lower value limit for NEFT transactions. All customer NEFT transactions will be carried out from Monday to Saturday (except the second and fourth Saturday of the month), between the hours of 8 AM and up to 6:50 PM. All of South Indian Bank's branches are NEFT and RTGS enabled.
Amount | Charge (per transaction) |
Up to Rs 10,000 | Rs 2.50 |
From Rs 10,001 to Rs 1,00,000 | Rs 5 |
Between Rs 1 lakh and Rs 2 lakh | Rs 15 |
Above Rs 2 lakh | Rs 25 |
RTGS:
Real Time Gross Settlement or RTGS is another electronic payment option introduced by the RBI which facilitates the transfer of funds online. RTGS is a comparatively faster system of making payments which is reserved for making higher value fund transfers between banks. Under RTGS, payment instructions are settled on an individual and continuous basis, throughout the day. Via RTGS, South Indian Bank customers can easily make payments to a beneficiary's account held with another bank or vice versa. Payment via RTGS is received within the same day that it is transferred, allowing the beneficiary to make use of the same. RTGS is a highly secure method of making payments which employs PKI, signing and encryption. All of South Indian Bank's branches are NEFT and RTGS enabled. In order to carry out an RTGS transaction, customers must submit a duly filled RTGS Funds Transfer Application Form, along with the cheque for the amount to be transferred. The minimum amount for an RTGS transaction is fixed at Rs 2 lakh. For transactions up to Rs 5 lakh, a transaction fee of Rs 25/- will be levied; for transactions of Rs 5 lakh and above, a transaction fee of Rs 50/- will be levied. All RTGS transactions will be carried out between Monday to Saturday between the hours of 8:00 AM up to 4:20 PM. The second and fourth Saturdays of the month will be holidays.
About South Indian Bank:
Headquartered in Thrissur, Kerala, South Indian Bank is one of the leading private sector bank's of India. With a number of accomplishments and milestones under its belt, the bank has displayed steady and robust growth since its inception. Operating via a network of over 800 branches, 9 service branches and 20 regional offices, the bank enjoys a nation-wide presence across 26 states and 3 Union Territories. To make banking services easily accessible to its customers, the bank has installed over 1000 ATM machines, 3 Cash Deposit Machines, 3 Ultra Small branches and 57 kiosks across Tamil Nadu and Kerala. Some of the financial products and services offered by the bank include loans, insurance, investment and savings.
Other Popular Banks IFSC Code:
Top Branches of South Indian Bank
- South Indian Bank Palakkad Chandra Nagar Branch
- South Indian Bank Cherupuzha Branch
- South Indian Bank Kothamangalam Branch
- South Indian Bank Thalassery Branch
- South Indian Bank Nagampadam Branch
- South Indian Bank Vailathur Branch
- South Indian Bank Ramanathapuram Branch
- South Indian Bank Naraina Vihar Branch
- South Indian Bank Mangalore Branch
- South Indian Bank Kaduthuruthy Branch
- South Indian Bank Hosur Branch
- South Indian Bank Karur Branch
- South Indian Bank Madurai Anna Nagar Branch
- South Indian Bank Hubli Branch
- South Indian Bank Mundakkal Kollam Branch
- South Indian Bank Angadipuram Branch
- South Indian Bank Dindigul Branch
- South Indian Bank Gota Branch
- South Indian Bank Mysore Bannimantap Branch
- South Indian Bank Edathua Branch
- South Indian Bank Karimannoor Branch
- South Indian Bank South Kallara Branch
- South Indian Bank Chennai Mount Road Branch
- South Indian Bank Kolkata Kankurgach Branch
- South Indian Bank Belgaum Branch
Disclaimer
Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
Copyright © 2025 BankBazaar.com.