What is IFSC Code of South Indian Bank Davengere Branch in Davanagere, Karnataka ?
The Indian Financial System Code (IFSC) is an alphanumeric code that uniquely identifies a Bank-Branch participating in National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) Electronic Funds Settlement Systems in India. IFSC Code of South Indian Bank is provided by RBI. South Indian Bank IFSC Code identifies branch which participate in online fund transfers. IFSC code South Indian Bank Branch is a unique code for branch. South Indian Bank IFSC Code consists of 11 Characters:
(ex. AAAA00654321)
• First 4 characters represent the entity (AAAAxxxxxxx)
• Fifth position has been defaulted with a '0' (Zero) for future use (xxxx0xxxxxx)
• Last 6 character denotes the branch identity (xxxxx654321)
South Indian Bank Davengere Branch IFSC Code SIBL0000235 & MICR 577059002 Karnataka State Davanagere District located South Indian Bank Davengere Branch Address is DAVENGERE BRANCH, RK MAGANAHALLI COMPLEX, 294/5, CHAMARAJAPET, DAVENGERE, KARNATAKA, PIN-577001 Contact No 08192-257654 South Indian Bank Davengere email id [email protected] ifsc code is SIBL0000235 & micr is 577059002
What is SWIFT CODE of South Indian Bank Davengere Branch in Davanagere, Karnataka ?
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same. The SWIFT code is 8 or 11 characters
Example: AAAAUK5CXXX
• AAAA 4 letters: Institution Code or bank code.
• UK 2 letters: ISO 3166-1 alpha-2 country code
• 5C 2 letters or digits: location code
• If the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
• If the second character is "1", then it denotes a passive participant in the SWIFT network
• If the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
• XXX 3 letters or digits: branch code, optional ('XXX' for primary office)
Where an 8-digit code is given, it may be assumed that it refers to the primary office.
South Indian Bank of Davengere Branch IFSC code SIBL0000235, MICR NO 577059002 is in Davanagere district of Karnataka State. South Indian Bank Customer care email [email protected]. South Indian Bank Customer care phone number Toll Free Number 1800 843 1800, 1800 425 1809 (BSNL) (Toll Free India) .
How to use South Indian Bank Davengere Branch SWIFT, BIC Code in Davanagere, Karnataka
Bank Identifier Code (BIC), SWIFT codes and Routing Code are basically the same. South Indian Bank SWIFT Code Bank used to Transfer fund to International banks branches. SWIFT, BIC Code Bank is provided the broadest coverage of national bank identifiers. BIC/SWIFT Code is identifying Bank Country branches. BIC Code of South Indian Bank is unique for each branch. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks.
MICR code for South Indian Bank Davengere Branch is 577059002. This MICR code 577059002 is used to get bank account details of customer for cheque clearance.
What is MICR No of South Indian Bank Davengere Branch in Davanagere, Karnataka and how is it used by a bank?
Magnetic ink character recognition (MICR) code can be seen on bottom of cheque leaf. South Indian Bank Davengere MICR No is 577059002 used by bank to process clearing of cheques and other operations. This code is printed by special ink and information can be read by using specific readers. MICR code South Indian Bank give information about bank code and account details of account holder etc. MICR code is made up of nine digits in which first 3 digits show name of city, Next 3 digits shows code of bank and last 3 digits shows name of branch of bank. MICR codes are for secure transaction.
IFSC code for South Indian Bank Davengere branch IFSC Code is SIBL0000235. IFSC code is also available at bottom of cheque of SOUTH INDIAN BANK. This code SIBL0000235 is helpful to know DAVENGERE branch details of the South Indian Bank when we made online transaction of fund through NEFT,RTGS,mobile banking, bill payments, Credit card payment, online booking etc.