South Indian Bank PALAI Branch IFSC Code

SIBL 0000062
South Indian Bank Logo South Indian Bank
PALAI — KOTTAYAM, KERALA
MICR: 686059302 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
South Indian Bank
Branch
PALAI
IFSC Code
SIBL0000062
MICR Code
686059302
Address
VADAYATTU BUILDINGS, PETTA ROAD ,LALAM JUNCTION, PALA,PINCODE 686575
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City
KOTTAYAM
District
PALAI
State
KERALA
Contact
+914822212424

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SIBL0000062 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code SIBL0000062.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SIBL0000062.

IFSC Code Structure

S
I
B
L
0
0
0
0
0
6
2
  • SIBL — Bank code (South Indian Bank)
  • 0 — Reserved (always 0)
  • 000062 — Branch code (PALAI)

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Frequently Asked Questions

Is SIBL0000062 valid for online transfer?
Yes, SIBL0000062 is a valid IFSC code for South Indian Bank PALAI branch in KOTTAYAM, KERALA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SIBL0000062 belong to?
SIBL0000062 belongs to South Indian Bank. The first 4 characters "SIBL" identify the bank.
What is the MICR code for this branch?
The MICR code for South Indian Bank PALAI is 686059302. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SIBL0000062?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.