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 Anjarakandy branch in Kannur, Anjarakandy, Kerala, 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 Kannur or anywhere in Kerala can easily transfer funds instantly by using the correct IFSC Code SIBL0000767. 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, Anjarakandy, Kannur
Here are some of the key details that come with the IFSC Code SIBL0000767 of South Indian Bank for its branch located in Kannur, within the district of Anjarakandy in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | South Indian Bank |
| IFSC Code | SIBL0000767 |
| Branch | Anjarakandy |
| City | Kannur |
| District | Anjarakandy |
| State | Kerala |
| Address | Door No.493,Ward No.Xxi,T.K.Complex,Ancharakkandy P.O., Pincode 670612,Thalassery, Koothuparambu,Kannur |
These details help users in online banking and for businesses and individuals who use South Indian Bank in Kannur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SIBL0000767 for the Anjarakandy branch of South Indian Bank has a very 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 Anjarakandy, Kannur, Kerala, is provided with a unique IFSC like SIBL0000767 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the South Indian Bank branch in Kannur.
- 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 Kannur and Anjarakandy.
- 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 Kerala and the rest of India and the IFSC Code ensures that transactions meant for South Indian Bank in Anjarakandy do not get mixed with another location.
Format of the IFSC Code SIBL0000767
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 Anjarakandy in Kannur.
For example, the IFSC Code SIBL0000767 of South Indian Bank for the Anjarakandy branch includes these elements, identifying the bank and the branch location in Kannur and Kerala accurately.
How to Find IFSC Code for South Indian Bank?
If you are trying to find the IFSC Code SIBL0000767 of South Indian Bank for its Anjarakandy branch located in Kannur, the following methods can help:
Cheque Book
The cheque book issued by South Indian Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including South Indian Bank branches in Kannur and Anjarakandy, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of South Indian Bank and navigate to the branch locator section. Search for Anjarakandy or Kannur to get the exact IFSC Code SIBL0000767.
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 keeps an updated list of all IFSC codes. If you search for South Indian Bank and Kannur, you'll get the correct details.
How to Use IFSC Code SIBL0000767 for Online Transfers?
Once you have the IFSC Code SIBL0000767 for the Anjarakandy branch of South Indian Bank in Kannur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SIBL0000767. 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 SIBL0000767.
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 Anjarakandy in Kannur, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of South Indian Bank in Anjarakandy, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Kannur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SIBL0000767.
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 Door No.493,Ward No.Xxi,T.K.Complex,Ancharakkandy P.O., Pincode 670612,Thalassery, Koothuparambu,Kannur located in Kannur, Anjarakandy, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.