South Indian Bank Velachery Branch IFSC Code: SIBL0001015
Branch Code: 001015 | CHENNAI, Chennai, Tamil Nadu
The official Indian Financial System Code (IFSC) for South Indian Bank, Velachery branch in CHENNAI, Tamil Nadu is SIBL0001015. The MICR code for cheque clearance is 600059043.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- South Indian Bank
- Branch Name
- VELACHERY
- MICR Code
- City / District
- CHENNAI (Chennai)
- State
- Tamil Nadu
- Postal Pincode
- 600042
GROUND FLOOR,306/1,SHOP NO.52/1, VELACHERY MAIN ROAD, VELACHERY, CHENNAI, TAMIL NADU-600042, Pincode: 600042
How to Read IFSC Code: SIBL0001015
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 (SIBL0001015)
Which bank does IFSC Code SIBL0001015 belong to?
IFSC Code SIBL0001015 belongs to South Indian Bank for its VELACHERY branch, located in CHENNAI, Tamil Nadu. The 4-letter prefix 'SIBL' represents South Indian Bank.
What is the IFSC Code for South Indian Bank VELACHERY branch?
The IFSC Code for South Indian Bank VELACHERY branch in CHENNAI, Tamil Nadu is SIBL0001015. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of South Indian Bank VELACHERY branch?
The branch is located at: GROUND FLOOR,306/1,SHOP NO.52/1, VELACHERY MAIN ROAD, VELACHERY, CHENNAI, TAMIL NADU-600042, Pincode: 600042, CHENNAI, Tamil Nadu.
What is the MICR Code for South Indian Bank VELACHERY?
The MICR Code for electronic cheque clearing at South Indian Bank VELACHERY is 600059043.
How can I contact South Indian Bank VELACHERY branch?
You can contact the branch at: Phone: +914842365657. For official national customer care, refer to South Indian Bank's official banking channels.
How to decipher the IFSC code SIBL0001015?
The first 4 characters 'SIBL' represent South Indian Bank. The 5th character is '0' reserved for future use. The last 6 characters '001015' represent the specific VELACHERY branch code.
Parent Directory Links
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Other Bank Branches in Pincode 600042
View All in Pincode →ANNA GARDEN, VELACHERY (CHENNAI)
BABY NAGAR VELACHERY (CHENNAI)
BRANCH (CHENNAI)
BYE PASS ROAD, VELACHERI (CHENNAI)
BYEPASS ROAD , VELACHERY (CHENNAI)
CHENNAI DIGITAL BANKING BRANCH (CHENNAI)
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