IFSC Code of South Indian Bank, Thamarassery, Tamarassery, Kerala — SIBL0000428

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 Thamarassery branch in Kozhikode, Tamarassery, 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 Kozhikode or anywhere in Kerala can easily transfer funds instantly by using the correct IFSC Code SIBL0000428. 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, Thamarassery, Kozhikode

Here are some of the key details that come with the IFSC Code SIBL0000428 of South Indian Bank for its branch located in Kozhikode, within the district of Tamarassery in the state of Kerala.

These details are essential not only for online banking users but also for businesses and individuals who use South Indian Bank in Kozhikode for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SIBL0000428 for the Thamarassery 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 Thamarassery, Kozhikode, Kerala, is provided with a unique IFSC like SIBL0000428 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the South Indian Bank branch in Kozhikode.
• 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 Kozhikode and Tamarassery.
• 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 Thamarassery do not get mixed with another location.

Format of the IFSC Code SIBL0000428

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 Thamarassery in Kozhikode.

For example, the IFSC Code SIBL0000428 of South Indian Bank for the Thamarassery branch includes these elements, identifying the bank and the branch location in Kozhikode and Kerala accurately.

How to Find IFSC Code for South Indian Bank?

If you are trying to find the IFSC Code SIBL0000428 of South Indian Bank for its Thamarassery branch located in Kozhikode, 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

You can easily find the IFSC and MICR codes because most banks, including South Indian Bank branches in Kozhikode and Tamarassery, print them 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 Thamarassery or Kozhikode to get the exact IFSC Code SIBL0000428.

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 Kozhikode, you'll get the correct details.

How to Use IFSC Code SIBL0000428 for Online Transfers?

Once you have the IFSC Code SIBL0000428 for the Thamarassery branch of South Indian Bank in Kozhikode, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SIBL0000428. 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 SIBL0000428.

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 Thamarassery in Kozhikode, your payment can get delayed or might not go through at all.

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 Thamarassery, 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 Kozhikode manage online transfers as well as cheque clearances with ease.