South Indian Bank, HASSAN, HASSAN Branch IFSC Code

The IFSC code SIBL0001026 is assigned to South Indian Bank, HASSAN located in HASSAN, KARNATAKA. 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 SIBL0001026
MICR Code 573059302
Branch Code 001026
Branch HASSAN
City HASSAN
District HASSAN
State KARNATAKA
Address GROUND FLOOR,PROPERTY NO 8-1-515-54 & 8-1-515-54 B,WARD NO 8,HARSHA MAHAL ROAD,HASSAN, KARNATAKA - 573201 Maps
Contact +914842365657

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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)
001026 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.

573 City Code
059 Bank Code
302 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 SIBL0001026 is the Indian Financial System Code assigned to South Indian Bank, HASSAN branch in HASSAN, KARNATAKA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in HASSAN, HASSAN, KARNATAKA. The full address is: GROUND FLOOR,PROPERTY NO 8-1-515-54 & 8-1-515-54 B,WARD NO 8,HARSHA MAHAL ROAD,HASSAN, KARNATAKA - 573201

The branch code is 001026. 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 573059302. 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: SIBL0001026
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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