For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of South Indian Bank for its Sriperumbudur branch in Kancheepuram, Sriperumbudur, Tamil Nadu, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of South Indian Bank located in Kancheepuram or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code SIBL0000290. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for South Indian Bank, Sriperumbudur, Kancheepuram
Below in the table are the key details related to IFSC Code SIBL0000290 of South Indian Bank for its branch located in Kancheepuram, within the district of Sriperumbudur in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | South Indian Bank |
| IFSC Code | SIBL0000290 |
| Branch | Sriperumbudur |
| City | Kancheepuram |
| District | Sriperumbudur |
| State | Tamil Nadu |
| Address | No 190-110, Ward No10, Gandhi Road, Sriperumbudur, Kancheepuram, Tamil Nadu-602105 |
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 SIBL0000290 for the Sriperumbudur 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with South Indian Bank located in Sriperumbudur, Kancheepuram, Tamil Nadu, are given a unique IFSC like SIBL0000290 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kancheepuram.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Kancheepuram and Sriperumbudur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to South Indian Bank in Sriperumbudur goes to the correct branch. This is important because South Indian Bank has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SIBL0000290
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 Sriperumbudur in Kancheepuram.
For example, the IFSC Code SIBL0000290 of South Indian Bank for the Sriperumbudur branch includes these elements, identifying the bank and the branch location in Kancheepuram and Tamil Nadu accurately.
How to Find IFSC Code for South Indian Bank?
If you are trying to find the IFSC Code SIBL0000290 of South Indian Bank for its Sriperumbudur branch located in Kancheepuram, 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 Kancheepuram and Sriperumbudur, 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 Sriperumbudur or Kancheepuram to get the exact IFSC Code SIBL0000290.
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 Kancheepuram that will provide accurate information.
How to Use IFSC Code SIBL0000290 for Online Transfers?
Once you have the IFSC Code SIBL0000290 for the Sriperumbudur branch of South Indian Bank in Kancheepuram, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SIBL0000290. 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 SIBL0000290.
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 Sriperumbudur in Kancheepuram, 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 Sriperumbudur, 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 SIBL0000290.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is No 190-110, Ward No10, Gandhi Road, Sriperumbudur, Kancheepuram, Tamil Nadu-602105 located in Kancheepuram, Sriperumbudur, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.