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 Karanchira branch in Trissur, Thrissur, Kerala, 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 Trissur or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code SIBL0000102. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for South Indian Bank, Karanchira, Trissur
Here are the key points that are associated with the IFSC Code SIBL0000102 of South Indian Bank for its branch located in Trissur, within the district of Thrissur in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | South Indian Bank |
| IFSC Code | SIBL0000102 |
| Branch | Karanchira |
| City | Trissur |
| District | Thrissur |
| State | Kerala |
| Address | Karanchira Branch, 1-200,Karanchira, Trichur Dist , Thrissur , Kerala, Pin-680702 |
These details help users in online banking and for businesses and individuals who use South Indian Bank in Trissur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SIBL0000102 for the Karanchira branch of South Indian Bank has a very 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 Karanchira, Trissur, Kerala, are given a unique IFSC like SIBL0000102 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Trissur.
- 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 Trissur and Thrissur.
- 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 Karanchira goes to the correct branch. This is important because South Indian Bank has thousands of branches in Kerala and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SIBL0000102
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 Karanchira in Trissur.
For example, the IFSC Code SIBL0000102 of South Indian Bank for the Karanchira branch includes these elements, identifying the bank and the branch location in Trissur and Kerala accurately.
How to Find IFSC Code for South Indian Bank?
If you are looking for the IFSC Code SIBL0000102 of South Indian Bank for its Karanchira branch located in Trissur, 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 Trissur and Thrissur, 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 Karanchira or Trissur to get the exact IFSC Code SIBL0000102.
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 Trissur, then it will provide you proper information.
How to Use IFSC Code SIBL0000102 for Online Transfers?
Once you have the IFSC Code SIBL0000102 for the Karanchira branch of South Indian Bank in Trissur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SIBL0000102. 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 SIBL0000102.
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 Karanchira in Trissur may 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 Karanchira, 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 Trissur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SIBL0000102.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Karanchira Branch, 1-200,Karanchira, Trichur Dist , Thrissur , Kerala, Pin-680702 located in Trissur, Thrissur, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.