There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of South Indian Bank for its Pallavaram branch in Kancheepuram, Pallavaram, Tamil Nadu, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of South Indian Bank situated in Kancheepuram or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code SIBL0000629. You should 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, Pallavaram, Kancheepuram
The table below shows the main details of the IFSC Code SIBL0000629 for the South Indian Bank branch in Kancheepuram, which falls under the Pallavaram district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | South Indian Bank |
| IFSC Code | SIBL0000629 |
| Branch | Pallavaram |
| City | Kancheepuram |
| District | Pallavaram |
| State | Tamil Nadu |
| Address | No. 9, Pammal Main Road Pallavaram Chennai Tamilnadu - 600 043 |
These details are crucial, not just for online banking users but also for businesses and individuals who use South Indian Bank in Kancheepuram for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SIBL0000629 for the Pallavaram 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including South Indian Bank located in Pallavaram, Kancheepuram, Tamil Nadu, is provided a unique IFSC like SIBL0000629 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the South Indian Bank branch in Kancheepuram.
- 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 Kancheepuram and Pallavaram.
- 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 Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for South Indian Bank in Pallavaram do not get misguided to another person.
Format of the IFSC Code SIBL0000629
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 Pallavaram in Kancheepuram.
For example, the IFSC Code SIBL0000629 of South Indian Bank for the Pallavaram branch includes these elements, identifying the bank and the branch location in Kancheepuram and Tamil Nadu correctly.
How to Find IFSC Code for South Indian Bank?
If you are looking for the IFSC Code SIBL0000629 of South Indian Bank for its Pallavaram branch located in Kancheepuram, 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 Kancheepuram and Pallavaram, 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 Pallavaram or Kancheepuram to get the exact IFSC Code SIBL0000629.
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 Kancheepuram, then it will provide you proper information.
How to Use IFSC Code SIBL0000629 for Online Transfers?
If you have the IFSC Code SIBL0000629 for the Pallavaram branch of South Indian Bank in Kancheepuram, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SIBL0000629. 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 SIBL0000629.
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 Pallavaram in Kancheepuram, it may 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 Pallavaram, 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 Kancheepuram to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SIBL0000629.
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 No. 9, Pammal Main Road Pallavaram Chennai Tamilnadu - 600 043 located in Kancheepuram, Pallavaram, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.