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 Kalyan branch in Thane, Kalyan, Maharashtra, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SIBL0000467. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for South Indian Bank, Kalyan, Thane

Below in the table are the key details related to IFSC Code SIBL0000467 of South Indian Bank for its branch located in Thane, within the district of Kalyan in the state of Maharashtra.

Particulars Details
Bank South Indian Bank
IFSC Code SIBL0000467
Branch Kalyan
City Thane
District Kalyan
State Maharashtra
Address Kalyan Branch, 5, 6, 7 & 8, Vijayant, Sawant Complex,Karnik Road, Opp. Elite Classes, Kalyan (W),Thane, Maharashtra, 421034

These details are essential not only for online banking users but also for businesses and individuals who use South Indian Bank in Thane for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SIBL0000467 for the Kalyan 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, along with South Indian Bank located in Kalyan, Thane, Maharashtra, are given a unique IFSC like SIBL0000467 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It helps ensure that any money sent to South Indian Bank in Kalyan goes to the correct branch. This is important because South Indian Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SIBL0000467

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 Kalyan in Thane.

For example, the IFSC Code SIBL0000467 of South Indian Bank for the Kalyan branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.

How to Find IFSC Code for South Indian Bank?

To find the IFSC Code SIBL0000467 of South Indian Bank for its Kalyan branch located in Thane, 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 Thane and Kalyan, 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 Kalyan or Thane to find the exact IFSC Code SIBL0000467.

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 Thane will provide accurate information.

How to Use IFSC Code SIBL0000467 for Online Transfers?

Once you have the IFSC Code SIBL0000467 for the Kalyan branch of South Indian Bank in Thane, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SIBL0000467. 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 SIBL0000467.

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 Kalyan in Thane, 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 Kalyan, 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 Thane manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of South Indian Bank Kalyan Thane?

The IFSC Code of the Kalyan Thane branch is SIBL0000467.

Is IFSC Code SIBL0000467 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the South Indian Bank Kalyan branch?

The branch is located at Kalyan Branch, 5, 6, 7 & 8, Vijayant, Sawant Complex,Karnik Road, Opp. Elite Classes, Kalyan (W),Thane, Maharashtra, 421034.

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.