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 Gudalur branch in Nilgiri, Gudalur, 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 Nilgiri or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code SIBL0000754. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for South Indian Bank, Gudalur, Nilgiri

Here are the main details that are associated with the IFSC Code SIBL0000754 of South Indian Bank for its branch located in Nilgiri, within the district of Gudalur in the state of Tamil Nadu.

Particulars Details
Bank South Indian Bank
IFSC Code SIBL0000754
Branch Gudalur
City Nilgiri
District Gudalur
State Tamil Nadu
Address Door No.11-367,Ward No.13,Sensation Bui, Gudalur ,P.B. Po Gudalur Bazar Post,, , Pincode 643212,Gudalur Tamil Nadu, Nilgiri

These details are crucial, not just for online banking users but also for businesses and individuals who use South Indian Bank in Nilgiri for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SIBL0000754 for the Gudalur 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with South Indian Bank located in Gudalur, Nilgiri, Tamil Nadu, are allotted a unique IFSC like SIBL0000754 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Nilgiri.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Nilgiri and Gudalur.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to South Indian Bank in Gudalur reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.

Format of the IFSC Code SIBL0000754

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

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In South Indian Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Gudalur in Nilgiri.

For example, the IFSC Code SIBL0000754 of South Indian Bank for the Gudalur branch has these elements, identifying the bank and the branch location in Nilgiri and Tamil Nadu correctly.

How to Find IFSC Code for South Indian Bank?

If you are trying to find the IFSC Code SIBL0000754 of South Indian Bank for its Gudalur branch located in Nilgiri, 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 Nilgiri and Gudalur, 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 Gudalur or Nilgiri to get the exact IFSC Code SIBL0000754.

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 Nilgiri, you'll get the correct details.

How to Use IFSC Code SIBL0000754 for Online Transfers?

Once you have the IFSC Code SIBL0000754 for the Gudalur branch of South Indian Bank in Nilgiri, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SIBL0000754. 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 SIBL0000754.

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 Gudalur in Nilgiri may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of South Indian Bank in Gudalur, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Nilgiri manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of South Indian Bank in Gudalur, Nilgiri?

The IFSC Code is SIBL0000754.

Is the IFSC Code SIBL0000754 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of South Indian Bank Gudalur?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Gudalur branch?

The address of the branch is Door No.11-367,Ward No.13,Sensation Bui, Gudalur ,P.B. Po Gudalur Bazar Post,, , Pincode 643212,Gudalur Tamil Nadu, Nilgiri located in Nilgiri, Gudalur, Tamil Nadu.

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.