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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of South Indian Bank for its Dispur branch in Kamrup, Guwahati, Assam, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of South Indian Bank located in Kamrup or anywhere in Assam can transfer funds instantly by using the correct IFSC Code SIBL0000626. 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, Dispur, Kamrup

Below in the table are the key details related to IFSC Code SIBL0000626 of South Indian Bank for its branch located in Kamrup, within the district of Guwahati in the state of Assam.

Particulars Details
Bank South Indian Bank
IFSC Code SIBL0000626
Branch Dispur
City Kamrup
District Guwahati
State Assam
Address Kay M Plaza, G.S Road Guwahati, Kamrup,Assam - 781 006

These details are essential not only for online banking users but also for businesses and individuals who use South Indian Bank in Kamrup for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SIBL0000626 for the Dispur 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including South Indian Bank located in Dispur, Kamrup, Assam, is provided a unique IFSC like SIBL0000626 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the South Indian Bank branch in Kamrup.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Kamrup and Guwahati.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Assam and the rest of India, the IFSC Code ensures that transactions meant for South Indian Bank in Dispur do not get misguided to another person.

Format of the IFSC Code SIBL0000626

The format of the IFSC Code for banks, including South Indian Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For South Indian Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Dispur in Kamrup.

For example, the IFSC Code SIBL0000626 of South Indian Bank for the Dispur branch includes these elements, identifying the bank and the branch location in Kamrup and Assam accurately.

How to Find IFSC Code for South Indian Bank?

To find the IFSC Code SIBL0000626 of South Indian Bank for its Dispur branch located in Kamrup, 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 Kamrup and Guwahati, 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 Dispur or Kamrup to find the exact IFSC Code SIBL0000626.

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 Kamrup will provide accurate information.

How to Use IFSC Code SIBL0000626 for Online Transfers?

Once you have the IFSC Code SIBL0000626 for the Dispur branch of South Indian Bank in Kamrup, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SIBL0000626. 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 SIBL0000626.

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 Dispur in Kamrup, 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 Dispur, 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 Kamrup manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of South Indian Bank in Dispur, Kamrup?

The IFSC Code is SIBL0000626.

Is the IFSC Code SIBL0000626 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 Dispur?

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 Dispur branch?

The address of the branch is Kay M Plaza, G.S Road Guwahati, Kamrup,Assam - 781 006 located in Kamrup, Guwahati, Assam.

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.