South Indian Bank BHILAI NAGAR Branch IFSC Code
SIBL 0000557
South Indian Bank BHILAI NAGAR — DURG, CHHATTISGARH
MICR: 490059002
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- South Indian Bank
- Branch
- BHILAI NAGAR
- IFSC Code
- SIBL0000557
- MICR Code
- 490059002
- City
- DURG
- District
- BHILAINAGAR
- State
- CHHATTISGARH
- Contact
- +917882293667
How to Use This IFSC Code
NEFT Transfer
Use IFSC code SIBL0000557 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 SIBL0000557.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SIBL0000557.
IFSC Code Structure
S
I
B
L
0
0
0
0
5
5
7
- SIBL — Bank code (South Indian Bank)
- 0 — Reserved (always 0)
- 000557 — Branch code (BHILAI NAGAR)
Frequently Asked Questions
Is SIBL0000557 valid for online transfer?
Yes, SIBL0000557 is a valid IFSC code for South Indian Bank BHILAI NAGAR branch in DURG, CHHATTISGARH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SIBL0000557 belong to?
SIBL0000557 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 BHILAI NAGAR is 490059002. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SIBL0000557?
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.