The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of South Indian Bank for its Tiruchirapalli branch in Madurai, Madurai, Tamil Nadu, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of South Indian Bank located in Madurai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code SIBL0000082. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for South Indian Bank, Tiruchirapalli, Madurai
The table below shows the main details of the IFSC Code SIBL0000082 for the South Indian Bank branch in Madurai, which falls under the Madurai district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | South Indian Bank |
| IFSC Code | SIBL0000082 |
| Branch | Tiruchirapalli |
| City | Madurai |
| District | Madurai |
| State | Tamil Nadu |
| Address | Gate No3, St Josephs College Campus, College Road, Teppakulam Po, Tiruchirappalli, Tamil Nadu-620002 |
These details are important not only for users using online banking but also for businesses and individuals who use South Indian Bank in Madurai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SIBL0000082 for the Tiruchirapalli branch of South Indian Bank is vital.
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 Tiruchirapalli, Madurai, Tamil Nadu, is provided with a unique IFSC like SIBL0000082 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the South Indian Bank branch in Madurai.
- 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 Madurai and Madurai.
- 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 Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for South Indian Bank in Tiruchirapalli do not get mixed with another location.
Format of the IFSC Code SIBL0000082
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 Tiruchirapalli in Madurai.
For example, the IFSC Code SIBL0000082 of South Indian Bank for the Tiruchirapalli branch includes these elements, identifying the bank and the branch location in Madurai and Tamil Nadu accurately.
How to Find IFSC Code for South Indian Bank?
If you are trying to find the IFSC Code SIBL0000082 of South Indian Bank for its Tiruchirapalli branch located in Madurai, 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 Madurai and Madurai, 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 Tiruchirapalli or Madurai to get the exact IFSC Code SIBL0000082.
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 Madurai, you'll get the correct details.
How to Use IFSC Code SIBL0000082 for Online Transfers?
Once you have the IFSC Code SIBL0000082 for the Tiruchirapalli branch of South Indian Bank in Madurai, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SIBL0000082. 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 SIBL0000082.
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 Tiruchirapalli in Madurai, your payment can get delayed or might not go through at all.
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 Tiruchirapalli, 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 Madurai manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SIBL0000082.
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 Gate No3, St Josephs College Campus, College Road, Teppakulam Po, Tiruchirappalli, Tamil Nadu-620002 located in Madurai, Madurai, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.