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 Nileshwaram branch in Kasaragod, Nileshwaram, Kerala, 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 Kasaragod or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code SIBL0000766. 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, Nileshwaram, Kasaragod

Below in the table are the key details related to IFSC Code SIBL0000766 of South Indian Bank for its branch located in Kasaragod, within the district of Nileshwaram in the state of Kerala.

Particulars Details
Bank South Indian Bank
IFSC Code SIBL0000766
Branch Nileshwaram
City Kasaragod
District Nileshwaram
State Kerala
Address Door No.437-2 G, Pandikode Uilding, Main Bazar ,Nileshwaram P.O., Pincode 671314

These details are essential not only for online banking users but also for businesses and individuals who use South Indian Bank in Kasaragod for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SIBL0000766 for the Nileshwaram 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including South Indian Bank located in Nileshwaram, Kasaragod, Kerala, is provided with a unique IFSC like SIBL0000766 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the South Indian Bank branch in Kasaragod.
  • 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 Kasaragod and Nileshwaram.
  • 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 Nileshwaram do not get mixed with another location.

Format of the IFSC Code SIBL0000766

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For South Indian Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Nileshwaram in Kasaragod.

For example, the IFSC Code SIBL0000766 of South Indian Bank for the Nileshwaram branch includes these elements, identifying the bank and the branch location in Kasaragod and Kerala accurately.

How to Find IFSC Code for South Indian Bank?

If you are trying to find the IFSC Code SIBL0000766 of South Indian Bank for its Nileshwaram branch located in Kasaragod, 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 Kasaragod and Nileshwaram, 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 Nileshwaram or Kasaragod to get the exact IFSC Code SIBL0000766.

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 Kasaragod, you'll get the correct details.

How to Use IFSC Code SIBL0000766 for Online Transfers?

Once you have the IFSC Code SIBL0000766 for the Nileshwaram branch of South Indian Bank in Kasaragod, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SIBL0000766. Transfers are processed in batches. This is 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. Requires the recipient's account details and South Indian Bank IFSC Code SIBL0000766.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for South Indian Bank Nileshwaram in Kasaragod 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 Nileshwaram, 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 Kasaragod to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of South Indian Bank in Nileshwaram, Kasaragod?

The IFSC Code is SIBL0000766.

Is the IFSC Code SIBL0000766 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 Nileshwaram?

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 Nileshwaram branch?

The address of the branch is Door No.437-2 G, Pandikode Uilding, Main Bazar ,Nileshwaram P.O., Pincode 671314 located in Kasaragod, Nileshwaram, Kerala.

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.