Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of South Indian Bank for its Thuravoor branch in Alapuzha, Thuravoor, Kerala, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of South Indian Bank located in Alapuzha or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code SIBL0000768. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for South Indian Bank, Thuravoor, Alapuzha
Here are some of the key details that come with the IFSC Code SIBL0000768 of South Indian Bank for its branch located in Alapuzha, within the district of Thuravoor in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | South Indian Bank |
| IFSC Code | SIBL0000768 |
| Branch | Thuravoor |
| City | Alapuzha |
| District | Thuravoor |
| State | Kerala |
| Address | Door No.86 A,Ward No.5, Abn Building,Thuravoor P.O.,, Pincode 688532 ,Cherthala Taluk,Kerala,Alapuzha |
These details are essential not only for online banking users but also for businesses and individuals who use South Indian Bank in Alapuzha for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SIBL0000768 for the Thuravoor branch of South Indian Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including South Indian Bank located in Thuravoor, Alapuzha, Kerala, is provided a unique IFSC like SIBL0000768 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the South Indian Bank branch in Alapuzha.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Alapuzha and Thuravoor.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Kerala and the rest of India, the IFSC Code ensures that transactions meant for South Indian Bank in Thuravoor do not get misguided to another person.
Format of the IFSC Code SIBL0000768
This is the format of the IFSC Code for banks, including South Indian Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For South Indian Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Thuravoor in Alapuzha.
For example, the IFSC Code SIBL0000768 of South Indian Bank for the Thuravoor branch includes these elements, identifying the bank and the branch location in Alapuzha and Kerala accurately.
How to Find IFSC Code for South Indian Bank?
If you are trying to find the IFSC Code SIBL0000768 of South Indian Bank for its Thuravoor branch located in Alapuzha, the following methods can help:
Cheque Book
The cheque books that are issued by South Indian Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including South Indian Bank branches in Alapuzha and Thuravoor, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of South Indian Bank and find the branch locator section. Search for Thuravoor or Alapuzha to get the exact IFSC Code SIBL0000768.
Mobile Banking App
If you use South Indian Bank's mobile app, you can easily 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 to help you in searching for South Indian Bank and Alapuzha that will provide accurate information.
How to Use IFSC Code SIBL0000768 for Online Transfers?
Once you have the IFSC Code SIBL0000768 for the Thuravoor branch of South Indian Bank in Alapuzha, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SIBL0000768. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and South Indian Bank IFSC Code SIBL0000768.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the South Indian Bank Thuravoor in Alapuzha, your payment can get delayed or might not go through at all.
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 Thuravoor, 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 Alapuzha manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SIBL0000768.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Door No.86 A,Ward No.5, Abn Building,Thuravoor P.O.,, Pincode 688532 ,Cherthala Taluk,Kerala,Alapuzha located in Alapuzha, Thuravoor, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.