South Indian Bank, GANDI MAISAMMA, RANGAREDDY Branch IFSC Code

The IFSC code SIBL0000598 is assigned to South Indian Bank, GANDI MAISAMMA located in RANGAREDDY, ANDHRA PRADESH. 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 SIBL0000598
MICR Code 500059016
Branch Code 000598
Branch GANDI MAISAMMA
City RANGAREDDY
District BOWRAMPET
State ANDHRA PRADESH
Address GROUND FLOOR, BGR ARCADE 3-93-4 D, GANDI MAISAMMA X ROAD DOMMARA POCHAMPALLY GRAM PANCHAYATH R.R.DIST, HYDERABAD Maps
Contact +918418255121

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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)
000598 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.

500 City Code
059 Bank Code
016 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 SIBL0000598 is the Indian Financial System Code assigned to South Indian Bank, GANDI MAISAMMA branch in RANGAREDDY, ANDHRA PRADESH. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in RANGAREDDY, BOWRAMPET, ANDHRA PRADESH. The full address is: GROUND FLOOR, BGR ARCADE 3-93-4 D, GANDI MAISAMMA X ROAD DOMMARA POCHAMPALLY GRAM PANCHAYATH R.R.DIST, HYDERABAD

The branch code is 000598. 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 500059016. 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: SIBL0000598
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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