South Indian Bank: IFSC code
The Indian Financial System Code (or IFSC) is an 11-digit alpha-numeric code assigned by the Reserve Bank of India to identify every bank branch participating in the payment system uniquely. This code is used by electronic payment system applications such as RTGS, and NEFT. It is mandatory for fund transfers from one bank account to another. Every bank branch will have a unique code and no two branches (even of the same bank) will ever be the same.
For South Indian Bank's 11-digit IFSC code, the first four letters will be 'SIBL', and the last 6 digits will represent a specific branch code. For example, the IFSC code of the South Indian Bank branch on 22, Regal Building, Connaught Place, New Delhi 110001, is SIBL0000153. Here, 000153 is the branch code.
According to the bank's financial report for the financial year 2016-17, it had a total of 850 branches and 1,320 ATMs.
RTGS
Timings
Monday-Saturday: 8 am to 4.20 pm
Charges
RTGS receipts: NIL
NEFT
Timings
Monday-Saturdays: 8 am to 6.50 pm
Charges
NEFT receipts: NIL
Up to Rs 10,000: Rs 2.50 per transaction
Less than Rs 1 lakh: Rs 5 per transaction
Rs 1 lakh to less than Rs 2 lakh: Rs15 per transaction
Rs 2 lakh and above: Rs 25 per transaction
For South Indian Bank's 11-digit IFSC code, the first four letters will be 'SIBL', and the last 6 digits will represent a specific branch code. For example, the IFSC code of the South Indian Bank branch on 22, Regal Building, Connaught Place, New Delhi 110001, is SIBL0000153. Here, 000153 is the branch code.
According to the bank's financial report for the financial year 2016-17, it had a total of 850 branches and 1,320 ATMs.
RTGS
Timings
Monday-Saturday: 8 am to 4.20 pm
Charges
RTGS receipts: NIL
- Up to Rs 5 lakh: Rs 25 per transaction
- Rs 5 lakh and above : Rs 50 per transaction
NEFT
Timings
Monday-Saturdays: 8 am to 6.50 pm
Charges
NEFT receipts: NIL
Up to Rs 10,000: Rs 2.50 per transaction
Less than Rs 1 lakh: Rs 5 per transaction
Rs 1 lakh to less than Rs 2 lakh: Rs15 per transaction
Rs 2 lakh and above: Rs 25 per transaction
