For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of South Indian Bank for its Bangalore St. Philomina'S Hospital branch in Bangalore Urban, Bangalore, Karnataka, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly 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 SIBL0000593. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for South Indian Bank, Bangalore St. Philomina'S Hospital, Bangalore Urban

Below in the table are the key details related to IFSC Code SIBL0000593 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 SIBL0000593
Branch Bangalore St. Philomina'S Hospital
City Bangalore Urban
District Bangalore
State Karnataka
Address St Philomenas Hospital Building, Neelasandra Road, Bangalore, Karnataka-560047

These details helps users in online banking and for businesses and individuals who use South Indian Bank in Bangalore Urban for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SIBL0000593 for the Bangalore St. Philomina'S Hospital branch of South Indian Bank plays a vital 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 St. Philomina'S Hospital, Bangalore Urban, Karnataka, are allotted a unique IFSC like SIBL0000593 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 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 makes sure that money sent to South Indian Bank in Bangalore St. Philomina'S Hospital reaches the right place, even though there are thousands of branches in Karnataka and across India.

Format of the IFSC Code SIBL0000593

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 Bangalore St. Philomina'S Hospital in Bangalore Urban.

For example, the IFSC Code SIBL0000593 of South Indian Bank for the Bangalore St. Philomina'S Hospital branch includes these elements, identifying the bank and the branch location in Bangalore Urban and Karnataka accurately.

How to Find IFSC Code for South Indian Bank?

To find the IFSC Code SIBL0000593 of South Indian Bank for its Bangalore St. Philomina'S Hospital branch located in Bangalore Urban, 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 Bangalore Urban and Bangalore, 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 Bangalore St. Philomina'S Hospital or Bangalore Urban to find the exact IFSC Code SIBL0000593.

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 Bangalore Urban will provide accurate information.

How to Use IFSC Code SIBL0000593 for Online Transfers?

Once you have the IFSC Code SIBL0000593 for the Bangalore St. Philomina'S Hospital branch of South Indian Bank in Bangalore Urban, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SIBL0000593. Transfers are processed in batches. This is 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. Requires the recipient's account details and South Indian Bank IFSC Code SIBL0000593.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for South Indian Bank Bangalore St. Philomina'S Hospital in Bangalore Urban 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 St. Philomina'S Hospital, 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)

What is the IFSC Code of South Indian Bank in Bangalore St. Philomina'S Hospital, Bangalore Urban?

The IFSC Code is SIBL0000593.

Is the IFSC Code SIBL0000593 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 Bangalore St. Philomina'S Hospital?

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 Bangalore St. Philomina'S Hospital branch?

The address of the branch is St Philomenas Hospital Building, Neelasandra Road, Bangalore, Karnataka-560047 located in Bangalore Urban, Bangalore, Karnataka.

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.

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