South Indian Bank, THEVALAKARA, KOLLAM Branch IFSC Code

The IFSC code SIBL0000172 is assigned to South Indian Bank, THEVALAKARA located in KOLLAM, KERALA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name South Indian Bank
IFSC Code SIBL0000172
MICR Code 691059808
Branch Code 000172
Branch THEVALAKARA
City KOLLAM
District THEVALAKKARA
State KERALA
Address DONOTP III-1215,WARD NO3,MAR ABO SMRUTHI MANDIRAM,THEVALAKKARA PO,KOLLAM DISTRICT,KERALA 690524 Maps
Contact +914762872050

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

SIBL Bank Code
0 Reserved (0)
000172 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

691 City Code
059 Bank Code
808 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code SIBL0000172 is the Indian Financial System Code assigned to South Indian Bank, THEVALAKARA branch in KOLLAM, KERALA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in KOLLAM, THEVALAKKARA, KERALA. The full address is: DONOTP III-1215,WARD NO3,MAR ABO SMRUTHI MANDIRAM,THEVALAKKARA PO,KOLLAM DISTRICT,KERALA 690524

The branch code is 000172. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of South Indian Bank.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 691059808. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: SIBL0000172
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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