South Indian Bank
PUTHUPARIYARAM BRANCH
+914912555508
Related Branches
Understanding IFSC Code: The Digital DNA of South Indian Bank
When performing any digital transaction in India, the Indian Financial System Code
(IFSC) acts as a critical identifier. For the PUTHUPARIYARAM
branch of South Indian Bank, the code SIBL0000737 ensures
that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual
errors. In an era of instant payments, having the correct IFSC is as important as the account number
itself.
Anatomy of the SIBL0000737 Code
An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:
Bank Identity
"SIBL" represents South Indian Bank
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for PUTHUPARIYARAM
Payment Systems Supported by SIBL0000737
| System | Transfer Limit | Processing Time |
|---|---|---|
| NEFT | No Minimum (Up to ₹50 Lakhs+) | Half-hourly batches (24x7) |
| RTGS | Minimum ₹2 Lakhs | Real-time settlement |
| IMPS | Up to ₹5 Lakhs | Instant (Mobile/P2P) |
Why do you need the MICR Code?
While IFSC is for digital transfers, the Magnetic Ink Character Recognition
(MICR) code—678059004—is primarily
used for the processing and clearance of physical cheques. This 9-digit code helps in
identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing
faster and error-free.
Bank Holidays & Availability
The South Indian Bank in PUTHUPPARIYARAM typically follows the RBI holiday calendar. Digital transfers via SIBL0000737 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.
Security Warning & Verification
Always verify the branch details before making a large payment. While SIBL0000737 is the valid code for PUTHUPARIYARAM at PUTHUPPARIYARAM, ensure the beneficiary name matches perfectly in your mobile banking app.
Bank Search Indexing & Metadata
Related Searches
- • South Indian Bank Branch List
- • PUTHUPPARIYARAM IFSC Codes
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Financial Tools
- • GST Calculator Online
- • Personal Loan EMI Calc
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- • Currency Converter
Branch Context
- • PUTHUPARIYARAM Contact
- • Address of South Indian Bank
- • MICR Code Finder
- • KERALA Banking Circle
Platform Links
- • Anand Design DevBox
- • SEO Performance Hub
- • Webmaster Tools
- • IFSC Finder v2.0
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