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 Bangalore Brigade Road branch in Bangalore Urban, Bangalore, Karnataka, 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 Bangalore Urban or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SIBL0000108. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for South Indian Bank, Bangalore Brigade Road, Bangalore Urban
Below in the table are the key details related to IFSC Code SIBL0000108 of South Indian Bank for its branch located in Bangalore Urban, within the district of Bangalore in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | South Indian Bank |
| IFSC Code | SIBL0000108 |
| Branch | Bangalore Brigade Road |
| City | Bangalore Urban |
| District | Bangalore |
| State | Karnataka |
| Address | Dono74, Ward No111, Front Side, Sumeru Towers, Brigade Road, Near St Josephs College Of Commerce, Museum Road Po, Bangalore Urban District, Karnataka 560025 |
These details are crucial, not just for online banking users but also for businesses and individuals who use South Indian Bank in Bangalore Urban for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SIBL0000108 for the Bangalore Brigade Road branch of South Indian Bank has an important role.
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 Bangalore Brigade Road, Bangalore Urban, Karnataka, are given a unique IFSC like SIBL0000108 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bangalore Urban.
- 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 Bangalore Urban and Bangalore.
- 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 Bangalore Brigade Road goes to the correct branch. This is important because South Indian Bank has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SIBL0000108
The format of the IFSC Code for banks, including South Indian Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In South Indian Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Bangalore Brigade Road in Bangalore Urban.
For example, the IFSC Code SIBL0000108 of South Indian Bank for the Bangalore Brigade Road branch has these elements, identifying the bank and the branch location in Bangalore Urban and Karnataka correctly.
How to Find IFSC Code for South Indian Bank?
If you are trying to find the IFSC Code SIBL0000108 of South Indian Bank for its Bangalore Brigade Road branch located in Bangalore Urban, the following methods can help:
Cheque Book
The cheque book issued by South Indian Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including South Indian Bank branches in Bangalore Urban and Bangalore, print them on the first page of your passbook.
Bank Website
Visit the official website of South Indian Bank and navigate to the branch locator section. Search for Bangalore Brigade Road or Bangalore Urban to get the exact IFSC Code SIBL0000108.
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 keeps an updated list of all IFSC codes. If you search for South Indian Bank and Bangalore Urban, you'll get the correct details.
How to Use IFSC Code SIBL0000108 for Online Transfers?
If you have the IFSC Code SIBL0000108 for the Bangalore Brigade Road branch of South Indian Bank in Bangalore Urban, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SIBL0000108. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Asks for the recipient's account details and South Indian Bank IFSC Code SIBL0000108.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for South Indian Bank Bangalore Brigade Road in Bangalore Urban, it may 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 Bangalore Brigade Road, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Bangalore Urban to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SIBL0000108.
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 Dono74, Ward No111, Front Side, Sumeru Towers, Brigade Road, Near St Josephs College Of Commerce, Museum Road Po, Bangalore Urban District, Karnataka 560025 located in Bangalore Urban, Bangalore, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.