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 Valasaravakkam branch in Thiruvallur, Valasaravakkam, or Tamil Nadu, 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 Thiruvallur or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code SIBL0000684. 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, Valasaravakkam, Thiruvallur

Below in the table are the key details related to IFSC Code SIBL0000684 of South Indian Bank for its branch located in Thiruvallur, within the district of Valasaravakkam in the state of Tamil Nadu.

Particulars Details
Bank South Indian Bank
IFSC Code SIBL0000684
Branch Valasaravakkam
City Thiruvallur
District Valasaravakkam
State Tamil Nadu
Address Door No. 1, Ground Floor,Kamaraj Salai,Ð Ramakrishna Nagar, Valasaravakkam, Chennai 600 098.

These details helps users in online banking and for businesses and individuals who use South Indian Bank in Thiruvallur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SIBL0000684 for the Valasaravakkam branch of South Indian Bank plays a vital 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 Valasaravakkam, Thiruvallur, Tamil Nadu, are given a unique IFSC like SIBL0000684 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Thiruvallur.
  • 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 Thiruvallur and Valasaravakkam.
  • 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 Valasaravakkam goes to the correct branch. This is important because South Indian Bank has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SIBL0000684

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): 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 Valasaravakkam in Thiruvallur.

For example, the IFSC Code SIBL0000684 of South Indian Bank for the Valasaravakkam branch includes these elements, identifying the bank and the branch location in Thiruvallur and Tamil Nadu accurately.

How to Find IFSC Code for South Indian Bank?

If you are looking for the IFSC Code SIBL0000684 of South Indian Bank for its Valasaravakkam branch located in Thiruvallur, the following methods can help:

Cheque Book

The cheque book that is issued by South Indian Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including South Indian Bank branches in Thiruvallur and Valasaravakkam, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of South Indian Bank and look for the branch locator section, then search for Valasaravakkam or Thiruvallur to get the exact IFSC Code SIBL0000684.

Mobile Banking App

If you use South Indian Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for South Indian Bank and Thiruvallur, then it will provide you proper information.

How to Use IFSC Code SIBL0000684 for Online Transfers?

Once you have the IFSC Code SIBL0000684 for the Valasaravakkam branch of South Indian Bank in Thiruvallur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SIBL0000684. 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 SIBL0000684.

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 Valasaravakkam in Thiruvallur, 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 Valasaravakkam, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Thiruvallur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of South Indian Bank in Valasaravakkam, Thiruvallur?

The IFSC Code is SIBL0000684.

Is the IFSC Code SIBL0000684 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 Valasaravakkam?

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 Valasaravakkam branch?

The address of the branch is Door No. 1, Ground Floor,Kamaraj Salai,Ð Ramakrishna Nagar, Valasaravakkam, Chennai 600 098. located in Thiruvallur, Valasaravakkam, 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.