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 Avinashi Road,Coimbatore branch in Coimbatore, Avanashi, Tamil Nadu, 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 Coimbatore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code SIBL0000772. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for South Indian Bank, Avinashi Road,Coimbatore, Coimbatore

Below in the table are the key details related to IFSC Code SIBL0000772 of South Indian Bank for its branch located in Coimbatore, within the district of Avanashi in the state of Tamil Nadu.

Particulars Details
Bank South Indian Bank
IFSC Code SIBL0000772
Branch Avinashi Road,Coimbatore
City Coimbatore
District Avanashi
State Tamil Nadu
Address 725/A,S R Complex , Avinashi Road

These details are crucial, not just for online banking users but also for businesses and individuals who use South Indian Bank in Coimbatore for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SIBL0000772 for the Avinashi Road,Coimbatore 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, including South Indian Bank located in Avinashi Road,Coimbatore, Coimbatore, Tamil Nadu, is provided with a unique IFSC like SIBL0000772 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the South Indian Bank branch in Coimbatore.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Coimbatore and Avanashi.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for South Indian Bank in Avinashi Road,Coimbatore do not get mixed with another location.

Format of the IFSC Code SIBL0000772

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 Avinashi Road,Coimbatore in Coimbatore.

For example, the IFSC Code SIBL0000772 of South Indian Bank for the Avinashi Road,Coimbatore branch includes these elements, identifying the bank and the branch location in Coimbatore and Tamil Nadu correctly.

How to Find IFSC Code for South Indian Bank?

If you are looking for the IFSC Code SIBL0000772 of South Indian Bank for its Avinashi Road,Coimbatore branch located in Coimbatore, the following methods can help:

Cheque Book

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

Passbook

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

Bank Website

You can visit the official website of South Indian Bank and look for the branch locator section, then search for Avinashi Road,Coimbatore or Coimbatore to get the exact IFSC Code SIBL0000772.

Mobile Banking App

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

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for South Indian Bank and Coimbatore, then it will provide you proper information.

How to Use IFSC Code SIBL0000772 for Online Transfers?

Once you have the IFSC Code SIBL0000772 for the Avinashi Road,Coimbatore branch of South Indian Bank in Coimbatore, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SIBL0000772. 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 SIBL0000772.

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 Avinashi Road,Coimbatore in Coimbatore, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of South Indian Bank in Avinashi Road,Coimbatore, you can find it by any of the following ways:

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

Having both IFSC and MICR codes helps account holders in Coimbatore manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of South Indian Bank Avinashi Road,Coimbatore Coimbatore?

The IFSC Code of the Avinashi Road,Coimbatore Coimbatore branch is SIBL0000772.

Is IFSC Code SIBL0000772 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the South Indian Bank Avinashi Road,Coimbatore branch?

The branch is located at 725/A,S R Complex , Avinashi Road.

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.