South Indian Bank IFSC Code
NIGDI Branch, NIGDI, NIGDI, Maharashtra
The official Indian Financial System Code (IFSC) for South Indian Bank, NIGDI branch in NIGDI, Maharashtra is SIBL0000561. The MICR code for cheque clearance is 411059004.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- South Indian Bank
- Branch Name
- NIGDI
- MICR Code
- City / District
- NIGDI (NIGDI)
- State
- Maharashtra
- Postal Pincode
- N/A
RIDDHE CAPITAL, S-11, SECTOR NO.26, ADC PCNTDA, NEAR SAMBAHJI CHOWK, NIGDI PRADHI KARAN
How to Read IFSC Code: SIBL0000561
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.
First 4 alphabetic characters identify South Indian Bank.
5th character is always numeral '0', reserved for future use.
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 |
Frequently Asked Questions: South Indian Bank (SIBL0000561)
What is the IFSC Code for South Indian Bank NIGDI branch?
The IFSC Code for South Indian Bank NIGDI branch in NIGDI, Maharashtra is SIBL0000561. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of South Indian Bank NIGDI branch?
The branch is located at: RIDDHE CAPITAL, S-11, SECTOR NO.26, ADC PCNTDA, NEAR SAMBAHJI CHOWK, NIGDI PRADHI KARAN, NIGDI, Maharashtra.
What is the MICR Code for South Indian Bank NIGDI?
The MICR Code for electronic cheque clearing at South Indian Bank NIGDI is 411059004.
How can I contact South Indian Bank NIGDI branch?
You can contact the branch at: Phone: +912027641177. For official national customer care, refer to South Indian Bank's official banking channels.
How to decipher the IFSC code SIBL0000561?
The first 4 characters 'SIBL' represent South Indian Bank. The 5th character is '0' reserved for future use. The last 6 characters '000561' represent the specific NIGDI branch code.
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