SIBLBranch Code: 000124

South Indian Bank IFSC Code

MERCARA Branch, MADIKERI, MADIKERI, Karnataka

Primary IFSC Code

SIBL0000124

Banking information from our maintained dataset. Last Verified: 23 Sept 2026

The official Indian Financial System Code (IFSC) for South Indian Bank, MERCARA branch in MADIKERI, Karnataka is SIBL0000124. The MICR code for cheque clearance is 571059099.

Branch Fact Sheet & Electronic Routing Details

Bank Name: South Indian Bank
Branch Name: MERCARA
MICR Code: 571059099
City / District: MADIKERI (MADIKERI)
State: Karnataka
Postal Pincode: 571201

Full Branch Address

POST BOX NO 36,SRI LAKSHMI COMPLEX,COLLEGE ROAD,MADIKERI,KODAGU,KARNATAKA 571201, Pincode: 571201

Contact Details

Phone: +918272229601

How to Read IFSC Code: SIBL0000124

An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.

SIBLBank Identifier

First 4 alphabetic characters identify South Indian Bank.

0Control Character

5th character is always numeral '0', reserved for future use.

000124Branch Code

Last 6 alphanumeric characters identify the specific physical branch.

Payment Systems Supported by this IFSC Code

Payment System	Settlement Time	Minimum Amount	Availability	Ideal For
NEFT (National Electronic Funds Transfer)	Half-hourly batches	₹1 (No minimum)	24x7x365	Routine bills, small & medium transactions
RTGS (Real Time Gross Settlement)	Real-time instant	₹2,00,000	24x7x365	High-value urgent financial transfers
IMPS (Immediate Payment Service)	Immediate	₹1 (Max ₹5 Lakh)	24x7x365	Instant mobile banking & emergency transfers

Both NEFT and RTGS operate around the clock in India. Always double check the 11-digit IFSC code and recipient account number before submitting your transfer.

Frequently Asked Questions: South Indian Bank (SIBL0000124)

What is the IFSC Code for South Indian Bank MERCARA branch?

The IFSC Code for South Indian Bank MERCARA branch in MADIKERI, Karnataka is SIBL0000124. It is used for NEFT, RTGS, and IMPS funds transfer.

What is the address of South Indian Bank MERCARA branch?

The branch is located at: POST BOX NO 36,SRI LAKSHMI COMPLEX,COLLEGE ROAD,MADIKERI,KODAGU,KARNATAKA 571201, Pincode: 571201, MADIKERI, Karnataka.

What is the MICR Code for South Indian Bank MERCARA?

The MICR Code for electronic cheque clearing at South Indian Bank MERCARA is 571059099.

How can I contact South Indian Bank MERCARA branch?

You can contact the branch at: Phone: +918272229601. For official national customer care, refer to South Indian Bank's official banking channels.

How to decipher the IFSC code SIBL0000124?

The first 4 characters 'SIBL' represent South Indian Bank. The 5th character is '0' reserved for future use. The last 6 characters '000124' represent the specific MERCARA branch code.