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 Kinattukadavu branch in Coimbotore, Coimbatore, 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 Coimbotore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code SIBL0000034. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for South Indian Bank, Kinattukadavu, Coimbotore
Here are some of the key details that come with the IFSC Code SIBL0000034 of South Indian Bank for its branch located in Coimbotore, within the district of Coimbatore in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | South Indian Bank |
| IFSC Code | SIBL0000034 |
| Branch | Kinattukadavu |
| City | Coimbotore |
| District | Coimbatore |
| State | Tamil Nadu |
| Address | Kinattukadavu Branch, 62, Main Road,Kinattukadavu , Coimbatore , Tamil Nadu, Pin-642109 |
These details are essential not only for online banking users but also for businesses and individuals who use South Indian Bank in Coimbotore for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SIBL0000034 for the Kinattukadavu branch of South Indian Bank plays 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 Kinattukadavu, Coimbotore, Tamil Nadu, is provided with a unique IFSC like SIBL0000034 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the South Indian Bank branch in Coimbotore.
- 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 Coimbotore and Coimbatore.
- 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 Kinattukadavu do not get mixed with another location.
Format of the IFSC Code SIBL0000034
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 Kinattukadavu in Coimbotore.
For example, the IFSC Code SIBL0000034 of South Indian Bank for the Kinattukadavu branch includes these elements, identifying the bank and the branch location in Coimbotore and Tamil Nadu accurately.
How to Find IFSC Code for South Indian Bank?
If you are trying to find the IFSC Code SIBL0000034 of South Indian Bank for its Kinattukadavu branch located in Coimbotore, 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 Coimbotore and Coimbatore, 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 Kinattukadavu or Coimbotore to get the exact IFSC Code SIBL0000034.
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 Coimbotore that will provide accurate information.
How to Use IFSC Code SIBL0000034 for Online Transfers?
Once you have the IFSC Code SIBL0000034 for the Kinattukadavu branch of South Indian Bank in Coimbotore, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SIBL0000034. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and South Indian Bank IFSC Code SIBL0000034.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for South Indian Bank Kinattukadavu in Coimbotore, it can 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 Kinattukadavu, 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 Coimbotore to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SIBL0000034.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Kinattukadavu Branch, 62, Main Road,Kinattukadavu , Coimbatore , Tamil Nadu, Pin-642109 located in Coimbotore, Coimbatore, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.