IFSC Code of South Indian Bank, Poonoor, Poonoor, Kerala — SIBL0000155

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 Poonoor branch in Kozhikode, Poonoor, 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 Kozhikode or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code SIBL0000155. 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, Poonoor, Kozhikode

Below in the table are the key details related to IFSC Code SIBL0000155 of South Indian Bank for its branch located in Kozhikode, within the district of Poonoor in the state of Kerala.

These details are crucial, not just for online banking users but also for businesses and individuals who use South Indian Bank in Kozhikode for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SIBL0000155 for the Poonoor 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 Poonoor, Kozhikode, Kerala, is provided a unique IFSC like SIBL0000155 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the South Indian Bank branch in Kozhikode.
• 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 Kozhikode and Poonoor.
• 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 Kerala and the rest of India, the IFSC Code ensures that transactions meant for South Indian Bank in Poonoor do not get misguided to another person.

Format of the IFSC Code SIBL0000155

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 Poonoor in Kozhikode.

For example, the IFSC Code SIBL0000155 of South Indian Bank for the Poonoor branch includes these elements, identifying the bank and the branch location in Kozhikode and Kerala correctly.

How to Find IFSC Code for South Indian Bank?

To find the IFSC Code SIBL0000155 of South Indian Bank for its Poonoor branch located in Kozhikode, 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 Kozhikode and Poonoor, 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 Poonoor or Kozhikode to find the exact IFSC Code SIBL0000155.

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 Kozhikode will provide accurate information.

How to Use IFSC Code SIBL0000155 for Online Transfers?

Once you have the IFSC Code SIBL0000155 for the Poonoor branch of South Indian Bank in Kozhikode, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SIBL0000155. 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 SIBL0000155.

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 Poonoor in Kozhikode, it can 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 Poonoor, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Kozhikode manage online transfers as well as cheque clearances with ease.