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South Indian Bank is a private sector bank that was incorporated in the year 1929. The headquarters of this bank is in Kerala. The best thing about this bank is that it allows customers to do the net banking without any hassle. For online payment, IFSC code is necessary. If you want to transfer money from one account to another online then IFSC code is required.
Finding IFSC code of any bank or branch is quite easy. You just need to follow a few sets of steps to get the IFSC code of any branch of a bank.
IFSC code is mandatory for online payment transactions. It is usually asked at the time National Electronic Funds Transfer and Real Time Gross Settlement. IFSC code is an 11-digit code which is basically issued by the Reserve Bank of India. This code is unique to every branch.
Let us learn about the 11-digits of IFSC Code:
Taking an example of SIBL0000303
- Here, the 4 characters represent the name of the bank that is South Indian Bank.
- 5TH digit is a zero (standard for all banks and branches)
- The last 6 alpha-numeric characters represent the branch, here it represents Rohini branch.
National Electronic Funds Transfer and Real Time Gross Settlement are safe and secure methods of online payment that can be used for,
- Booking flight tickets
- Booking Railways tickets online
- Investing in mutual funds
- Investing in shares
- Paying EMIs
- Paying insurance premium
- Paying mobile bills
- Payment at restaurants.
How to Find the IFSC code of South Indian Bank branches?
Step 1: Visit to the website link findyourbank.in containing detailed information about the IFSC code of branches of different banks of India. This time, we will find out IFSC code of South Indian Bank, Rohini branch.
Step 2: For finding the IFSC code of South Indian Bank, Rohini branch Select Bank Name as “South Indian Bank”, State Name as “Delhi”, District Name as “New Delhi” and the branch Name as “Rohini”.
Step 3: This will display you the details of IFSC code of South Indian Bank, Rohini branch.
Hope this information gives clear data about finding IFSC code of any bank branches in India.