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IFSC Code of South Indian Bank, Perumpadavu, Cannur, Kerala — SIBL0000934

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of South Indian Bank for its Perumpadavu branch in Cannur, Cannur, Kerala, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of South Indian Bank situated in Cannur or anywhere in Kerala can easily transfer funds instantly by using the correct IFSC Code SIBL0000934. You should 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, Perumpadavu, Cannur

Here are the key points that are associated with the IFSC Code SIBL0000934 of South Indian Bank for its branch located in Cannur, within the district of Cannur in the state of Kerala.

Particulars Details
Bank South Indian Bank
IFSC Code SIBL0000934
Branch Perumpadavu
City Cannur
District Cannur
State Kerala
Address Dono11, Ward No10, Modayanickal Complex, Perumpadavu-Payyannur Road, Perumpadavu, Karippal Po, 670581

These details help users in online banking and for businesses and individuals who use South Indian Bank in Cannur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SIBL0000934 for the Perumpadavu branch of South Indian Bank has a very 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 Perumpadavu, Cannur, Kerala, are given a unique IFSC like SIBL0000934 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Cannur.
  • 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 Cannur and Cannur.
  • 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 Perumpadavu goes to the correct branch. This is important because South Indian Bank has thousands of branches in Kerala and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SIBL0000934

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 Perumpadavu in Cannur.

For example, the IFSC Code SIBL0000934 of South Indian Bank for the Perumpadavu branch includes these elements, identifying the bank and the branch location in Cannur and Kerala correctly.

How to Find IFSC Code for South Indian Bank?

If you are trying to find the IFSC Code SIBL0000934 of South Indian Bank for its Perumpadavu branch located in Cannur, 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 Cannur and Cannur, 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 Perumpadavu or Cannur to get the exact IFSC Code SIBL0000934.

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 Cannur, you'll get the correct details.

How to Use IFSC Code SIBL0000934 for Online Transfers?

If you have the IFSC Code SIBL0000934 for the Perumpadavu branch of South Indian Bank in Cannur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SIBL0000934. 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 SIBL0000934.

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 Perumpadavu in Cannur, 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 Perumpadavu, 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 Cannur 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 Perumpadavu, Cannur?

The IFSC Code is SIBL0000934.

Is the IFSC Code SIBL0000934 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 Perumpadavu?

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 Perumpadavu branch?

The address of the branch is Dono11, Ward No10, Modayanickal Complex, Perumpadavu-Payyannur Road, Perumpadavu, Karippal Po, 670581 located in Cannur, Cannur, Kerala.

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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