South Indian Bank MERCARA Branch IFSC Code
SIBL 0000124
South Indian Bank MERCARA — MADIKERI, KARNATAKA
MICR: 571059099
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- South Indian Bank
- Branch
- MERCARA
- IFSC Code
- SIBL0000124
- MICR Code
- 571059099
- Address
- POST BOX NO 36,SRI LAKSHMI COMPLEX,COLLEGE ROAD,MADIKERI,KODAGU,KARNATAKA 571201 Open in Google Maps
- City
- MADIKERI
- District
- MADIKERI
- State
- KARNATAKA
- Contact
- +918272229601
How to Use This IFSC Code
NEFT Transfer
Use IFSC code SIBL0000124 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 SIBL0000124.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SIBL0000124.
IFSC Code Structure
S
I
B
L
0
0
0
0
1
2
4
- SIBL — Bank code (South Indian Bank)
- 0 — Reserved (always 0)
- 000124 — Branch code (MERCARA)
Frequently Asked Questions
Is SIBL0000124 valid for online transfer?
Yes, SIBL0000124 is a valid IFSC code for South Indian Bank MERCARA branch in MADIKERI, KARNATAKA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SIBL0000124 belong to?
SIBL0000124 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 MERCARA is 571059099. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SIBL0000124?
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.