South Indian Bank VELACHERY Branch IFSC Code

SIBL 0001015
South Indian Bank Logo South Indian Bank
VELACHERY — CHENNAI, TAMIL NADU
MICR: 600059043 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
South Indian Bank
Branch
VELACHERY
IFSC Code
SIBL0001015
MICR Code
600059043
Address
GROUND FLOOR,306/1,SHOP NO.52/1, VELACHERY MAIN ROAD, VELACHERY, CHENNAI, TAMIL NADU-600042
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City
CHENNAI
District
CHENNAI
State
TAMIL NADU
Contact
+914842365657

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SIBL0001015 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 SIBL0001015.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SIBL0001015.

IFSC Code Structure

S
I
B
L
0
0
0
1
0
1
5
  • SIBL — Bank code (South Indian Bank)
  • 0 — Reserved (always 0)
  • 001015 — Branch code (VELACHERY)

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Frequently Asked Questions

Is SIBL0001015 valid for online transfer?
Yes, SIBL0001015 is a valid IFSC code for South Indian Bank VELACHERY branch in CHENNAI, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SIBL0001015 belong to?
SIBL0001015 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 VELACHERY is 600059043. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SIBL0001015?
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.