IFSC Code SIBL0001020 - South Indian Bank-MATUNGA-Mumbai
| Detail | Information |
|---|---|
| IFSC Code | SIBL0001020 |
| Bank Name | South Indian Bank |
| Address | GROUND & FIRST FLOOR, PINNACLE 323,323/A, DR. B.A. ROAD, MATUNGA EAST, NEAR MAHESHWARI UDYAN, MATUNGA, MUMBAI, MAHARASHTRA - 400019 |
| District | Matunga |
| State | Maharashtra |
| Branch | Matunga |
| Contact | +914842365657 |
| Centre | Available |
| IMPS | Available |
| UPI | Available |
| MICR | 400059022 |
| RTGS | 1 |
| NEFT | Not Available |
| ISO3166 | IN-MH |
| Bankcode | SIBL |
Overview of SIBL0001020
The IFSC code SIBL0001020 is associated with the Mumbai MATUNGA Branch of South Indian Bank. Located in the bustling city of Mumbai, MAHARASHTRA, 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 SIBL0001020 represents South Indian Bank Bank, while 0001020 signifies the unique branch code for MATUNGA.
Significance of IFSC Code for Banking Transactions
The importance of the IFSC code, like SIBL0001020, for the MATUNGA Branch, cannot be overstated. It acts as an address that identifies both the South Indian Bank and its specific branch in Mumbai. 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 SIBL0001020
The IFSC code SIBL0001020 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 Mumbai. Let's break down the details:
- IFSC Code (SIBL0001020): 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 "0001020" are a unique identifier for the MATUNGA 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 (GROUND & FIRST FLOOR, PINNACLE 323,323/A, DR. B.A. ROAD, MATUNGA EAST, NEAR MAHESHWARI UDYAN, MATUNGA, MUMBAI, MAHARASHTRA - 400019): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
- City & State (Mumbai, MAHARASHTRA): The branch is situated in the heart of Mumbai, the capital city of MAHARASHTRA. A city known for its [CITY_FEATURES].
- Branch (MATUNGA): The [AREA_NAME] area in Mumbai is a hub of activity, and the South Indian Bank branch here caters to both individual and business banking needs.
- Phone Number (+914842365657): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.