The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of South Indian Bank for its Aizawl branch in Aizawl, Aizawl, Mizoram, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of South Indian Bank located in Aizawl or anywhere in Mizoram can transfer funds instantly by using the correct IFSC Code SIBL0000745. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for South Indian Bank, Aizawl, Aizawl

Here are the key points that are associated with the IFSC Code SIBL0000745 of South Indian Bank for its branch located in Aizawl, within the district of Aizawl in the state of Mizoram.

Particulars Details
Bank South Indian Bank
IFSC Code SIBL0000745
Branch Aizawl
City Aizawl
District Aizawl
State Mizoram
Address F.Kapsanga Building,Ground Floor,Opp.Assam Rifle Gate, Dawrpui,Aizawl-796001, Mizoram

These details are important not only for users using online banking but also for businesses and individuals who use South Indian Bank in Aizawl for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SIBL0000745 for the Aizawl branch of South Indian Bank is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with South Indian Bank located in Aizawl, Aizawl, Mizoram, are given a unique IFSC like SIBL0000745 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Aizawl.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Aizawl and Aizawl.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to South Indian Bank in Aizawl goes to the correct branch. This is important because South Indian Bank has thousands of branches in Mizoram and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SIBL0000745

The format of the IFSC Code for banks, including South Indian Bank, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For South Indian Bank, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Aizawl in Aizawl.

For example, the IFSC Code SIBL0000745 of South Indian Bank for the Aizawl branch includes these elements, identifying the bank and the branch location in Aizawl and Mizoram correctly.

How to Find IFSC Code for South Indian Bank?

To find the IFSC Code SIBL0000745 of South Indian Bank for its Aizawl branch located in Aizawl, the following methods can help you out:

Cheque Book

The cheque book issued by South Indian Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including South Indian Bank branches in Aizawl and Aizawl, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of South Indian Bank and go to the branch locator section. Then search for Aizawl or Aizawl to find the exact IFSC Code SIBL0000745.

Mobile Banking App

If you use South Indian Bank's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for South Indian Bank and Aizawl will provide accurate information.

How to Use IFSC Code SIBL0000745 for Online Transfers?

Once you have the IFSC Code SIBL0000745 for the Aizawl branch of South Indian Bank in Aizawl, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SIBL0000745. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and South Indian Bank IFSC Code SIBL0000745.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for South Indian Bank Aizawl in Aizawl, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of South Indian Bank in Aizawl, here are some ways that you can get it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official South Indian Bank website.
  • Search the RBI portal.

If you know both IFSC and MICR codes, then it can help account holders in Aizawl manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of South Indian Bank in Aizawl, Aizawl?

The IFSC Code is SIBL0000745.

Is the IFSC Code SIBL0000745 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of South Indian Bank Aizawl?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Aizawl branch?

The address of the branch is F.Kapsanga Building,Ground Floor,Opp.Assam Rifle Gate, Dawrpui,Aizawl-796001, Mizoram located in Aizawl, Aizawl, Mizoram.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.