South Indian Bank MAHE IFSC Code, MICR Code, Contact No. - Mahe, Puducherry

South Indian Bank MAHE Branch IFSC Code, MICR Code (Mahe, Puducherry). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code, Contact No. of South Indian Bank MAHE - Mahe, Puducherry

IFSC Code:SIBL0000045
MICR Code:673059052
Branch Code:000045 (Last six characters of IFSC Code represent Branch code)
Address:DONOIV-555 A B, KALATHIL BUILDING, MAIN ROAD, OPP TO MAYYAZHI PETROL PUMP, MAHE PO, MAHE DISTRICT, PONDICHERRY-673310
Branch:MAHE
City:MAHE
District:Mahe
State:Puducherry
Contact No.:490-2332226

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South Indian Bank IFSC Code is SIBL0000045, MICR Code is 673059052, Branch Code is 000045 which is last six characters of IFSC Code, Branch name is MAHE located in DONOIV-555 A B, KALATHIL BUILDING, MAIN ROAD, OPP TO MAYYAZHI PETROL PUMP, MAHE PO, MAHE DISTRICT, PONDICHERRY-673310, MAHE, Mahe, Puducherry, Contact no. is 490-2332226. IFSC code is used for NEFT, IMPS and RTGS Transactions.

What is IFSC Code?

IFSC code is an alphanumeric code stands for Indian Financial System Code, which is uniquely assigned to each bank branch for the main three payment and settlement systems in India:

  1. National Electronic Funds Transfer (NEFT)
  2. Real Time Gross Settlement (RTGS)
  3. Immediate Payment Service (IMPS)

IFSC code is represented by 11 digit character, the first 4 characters of the IFSC code represent the name of the bank, the fifth character is 0 reserved for future use, the last 6 numbers represent the branch code of the bank. The very common use of the IFSC Code is to transfer fund using Internet Banking.


What is MICR Code?

MICR code is short for Magnetic Ink Character Recognition Code is a 9-digit code that identifies the city, bank, and branch, which is found at the bottom of the cheque. With a special machine, MICR codes help faster processing of cheques. MICR code is consists of 3 parts:

  1. The first 3 digits represent the city code, this code is aligned with the PIN code we use for a postal address in India.
  2. The next 3 digits represent the bank code.
  3. The last 3 digits represent the branch code.