South Indian Bank IFSC Code SIBL0000583

IFSC Code: SIBL0000583

MICR Code: 560059023

SWIFT Code:

Branch: KENGERI SATELLITE TOWN

Bank: South Indian Bank

Address: DONO1895 A, WARD NO15, S V COMPLEX, 1ST MAIN, 2ND CROSS, KENGERI SATELLITE TOWN, KENGERI PO, BANGALORE URBAN, KARNATAKA-560060

District: BANGALORE URBAN

State: KARNATAKA

Contact: +918028482933

Indian Financial System Code (IFSC): SIBL0000583

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 000583. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 560059023

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.