South Indian Bank MATUNGA Branch IFSC Code

SIBL 0001020
South Indian Bank Logo South Indian Bank
MATUNGA — MUMBAI, MAHARASHTRA
MICR: 400059022 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
South Indian Bank
Branch
MATUNGA
IFSC Code
SIBL0001020
MICR Code
400059022
Address
GROUND & FIRST FLOOR, PINNACLE 323,323/A, DR. B.A. ROAD, MATUNGA EAST, NEAR MAHESHWARI UDYAN, MATUNGA, MUMBAI, MAHARASHTRA - 400019
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City
MUMBAI
District
MATUNGA
State
MAHARASHTRA
Contact
+914842365657

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SIBL0001020 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 SIBL0001020.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SIBL0001020.

IFSC Code Structure

S
I
B
L
0
0
0
1
0
2
0
  • SIBL — Bank code (South Indian Bank)
  • 0 — Reserved (always 0)
  • 001020 — Branch code (MATUNGA)

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Frequently Asked Questions

Is SIBL0001020 valid for online transfer?
Yes, SIBL0001020 is a valid IFSC code for South Indian Bank MATUNGA branch in MUMBAI, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SIBL0001020 belong to?
SIBL0001020 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 MATUNGA is 400059022. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SIBL0001020?
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.