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IFSC Code SIBL0000255 - South Indian Bank-MARAPPARAI-Salem

Detail Information
IFSC Code SIBL0000255
Bank Name South Indian Bank
Address MARAPPARAI BRANCH, 2/28, KVR BUILDINGS,MARAPPARAI,PO VIAPPAMALAI, TAMIL NADU, PIN-637410
District Salem
State Tamil nadu
Branch Marapparai
Contact +914288233262
Centre Available
IMPS Available
UPI Available
MICR 637059002
RTGS 1
NEFT Not Available
ISO3166 IN-TN
Bankcode SIBL

Overview of SIBL0000255

The IFSC code SIBL0000255 is associated with the Salem MARAPPARAI Branch of South Indian Bank. Located in the bustling city of Salem, TAMIL NADU, this branch is one of the many South Indian Bank branches that cater to the banking needs of the local residents. The code "SIBL" in SIBL0000255 represents South Indian Bank Bank, while 0000255 signifies the unique branch code for MARAPPARAI.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like SIBL0000255, for the MARAPPARAI Branch, cannot be overstated. It acts as an address that identifies both the South Indian Bank and its specific branch in Salem. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into SIBL0000255

The IFSC code SIBL0000255 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with South Indian Bank in Salem. Let's break down the details:

  • IFSC Code (SIBL0000255): This unique code is essential for electronic fund transfers. The first four characters "SIBL" represent the bank's name, South Indian Bank. The last six characters "0000255" are a unique identifier for the MARAPPARAI branch.
  • Bank Name (South Indian Bank): One of [country]'s leading banks, South Indian Bank offers a wide range of banking products and financial services to its vast customer base.
  • Address (MARAPPARAI BRANCH, 2/28, KVR BUILDINGS,MARAPPARAI,PO VIAPPAMALAI, TAMIL NADU, PIN-637410): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Salem, TAMIL NADU): The branch is situated in the heart of Salem, the capital city of TAMIL NADU. A city known for its [CITY_FEATURES].
  • Branch (MARAPPARAI): The [AREA_NAME] area in Salem is a hub of activity, and the South Indian Bank branch here caters to both individual and business banking needs.
  • Phone Number (+914288233262): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.

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