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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of South Indian Bank for its Unjavelampatti branch in Coimbatore, Pollachi, or Tamil Nadu, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of South Indian Bank located in Coimbatore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code SIBL0000869. 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, Unjavelampatti, Coimbatore

Here are the main details that are associated with the IFSC Code SIBL0000869 of South Indian Bank for its branch located in Coimbatore, within the district of Pollachi in the state of Tamil Nadu.

Particulars Details
Bank South Indian Bank
IFSC Code SIBL0000869
Branch Unjavelampatti
City Coimbatore
District Pollachi
State Tamil Nadu
Address 2/288,Francis Building, Udumal Road, Unjavelampatti, Coimbatore 642003

These details are important not only for users using online banking but also for businesses and individuals who use South Indian Bank in Coimbatore for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SIBL0000869 for the Unjavelampatti branch of South Indian Bank is vital.

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 Unjavelampatti, Coimbatore, Tamil Nadu, is provided with a unique IFSC like SIBL0000869 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 Pollachi.
  • 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 Unjavelampatti do not get mixed with another location.

Format of the IFSC Code SIBL0000869

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): 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 Unjavelampatti in Coimbatore.

For example, the IFSC Code SIBL0000869 of South Indian Bank for the Unjavelampatti branch includes these elements, identifying the bank and the branch location in Coimbatore and Tamil Nadu accurately.

How to Find IFSC Code for South Indian Bank?

If you are trying to find the IFSC Code SIBL0000869 of South Indian Bank for its Unjavelampatti branch located in Coimbatore, 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 Coimbatore and Pollachi, 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 Unjavelampatti or Coimbatore to get the exact IFSC Code SIBL0000869.

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 Coimbatore that will provide accurate information.

How to Use IFSC Code SIBL0000869 for Online Transfers?

If you have the IFSC Code SIBL0000869 for the Unjavelampatti branch of South Indian Bank in Coimbatore, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SIBL0000869. 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 SIBL0000869.

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 Unjavelampatti in Coimbatore, it may result in delayed or failed transactions.

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 Unjavelampatti, 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 in Unjavelampatti, Coimbatore?

The IFSC Code is SIBL0000869.

Is the IFSC Code SIBL0000869 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 Unjavelampatti?

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 Unjavelampatti branch?

The address of the branch is 2/288,Francis Building, Udumal Road, Unjavelampatti, Coimbatore 642003 located in Coimbatore, Pollachi, Tamil Nadu.

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.