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 Dimapur branch in Dimapur, Dimapur, Nagaland, 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 Dimapur or anywhere in Nagaland can transfer funds instantly by using the correct IFSC Code SIBL0000686. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for South Indian Bank, Dimapur, Dimapur
Here are the main details that are associated with the IFSC Code SIBL0000686 of South Indian Bank for its branch located in Dimapur, within the district of Dimapur in the state of Nagaland.
| Particulars | Details |
|---|---|
| Bank | South Indian Bank |
| IFSC Code | SIBL0000686 |
| Branch | Dimapur |
| City | Dimapur |
| District | Dimapur |
| State | Nagaland |
| Address | 195, Circular Road, Bishop'S House Building, Dimapur-797112, Nagaland |
These details are important not only for users using online banking but also for businesses and individuals who use South Indian Bank in Dimapur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SIBL0000686 for the Dimapur 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 Dimapur, Dimapur, Nagaland, is provided with a unique IFSC like SIBL0000686 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the South Indian Bank branch in Dimapur.
- 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 Dimapur and Dimapur.
- 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 Nagaland and the rest of India and the IFSC Code ensures that transactions meant for South Indian Bank in Dimapur do not get mixed with another location.
Format of the IFSC Code SIBL0000686
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 Dimapur in Dimapur.
For example, the IFSC Code SIBL0000686 of South Indian Bank for the Dimapur branch includes these elements, identifying the bank and the branch location in Dimapur and Nagaland accurately.
How to Find IFSC Code for South Indian Bank?
To find the IFSC Code SIBL0000686 of South Indian Bank for its Dimapur branch located in Dimapur, 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 Dimapur and Dimapur, 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 Dimapur or Dimapur to find the exact IFSC Code SIBL0000686.
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 Dimapur will provide accurate information.
How to Use IFSC Code SIBL0000686 for Online Transfers?
Once you have the IFSC Code SIBL0000686 for the Dimapur branch of South Indian Bank in Dimapur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SIBL0000686. The transfer is completed in batches instead of instantly. It is useful for both 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 SIBL0000686.
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 Dimapur in Dimapur, your payment can get delayed or might not go through at all.
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 Dimapur, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Dimapur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Dimapur Dimapur branch is SIBL0000686.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at 195, Circular Road, Bishop'S House Building, Dimapur-797112, Nagaland.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.