IFSC Code of South Indian Bank, Karunagapally, Karunagapally, Kerala — SIBL0000140

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of South Indian Bank for its Karunagapally branch in Kollam, Karunagapally, or Kerala, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of South Indian Bank located in Kollam or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code SIBL0000140. 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, Karunagapally, Kollam

Below in the table are the key details related to IFSC Code SIBL0000140 of South Indian Bank for its branch located in Kollam, within the district of Karunagapally in the state of Kerala.

These details help users in online banking and for businesses and individuals who use South Indian Bank in Kollam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SIBL0000140 for the Karunagapally 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 Karunagapally, Kollam, Kerala, is provided with a unique IFSC like SIBL0000140 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code SIBL0000140

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 Karunagapally in Kollam.

For example, the IFSC Code SIBL0000140 of South Indian Bank for the Karunagapally branch includes these elements, identifying the bank and the branch location in Kollam and Kerala accurately.

How to Find IFSC Code for South Indian Bank?

To find the IFSC Code SIBL0000140 of South Indian Bank for its Karunagapally branch located in Kollam, 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 Kollam and Karunagapally, 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 Karunagapally or Kollam to find the exact IFSC Code SIBL0000140.

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 Kollam will provide accurate information.

How to Use IFSC Code SIBL0000140 for Online Transfers?

Once you have the IFSC Code SIBL0000140 for the Karunagapally branch of South Indian Bank in Kollam, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SIBL0000140. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and South Indian Bank IFSC Code SIBL0000140.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for South Indian Bank Karunagapally in Kollam, it can result in delayed or failed transactions.

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 Karunagapally, 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 Kollam manage online transfers as well as cheque clearances with ease.