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South Indian Bank · Bengaluru Urban

SIBL0000523: South Indian Bank, Bangalore-R.T.Nagar

IFSC code SIBL0000523 belongs to the Bangalore-R.T.Nagar branch of South Indian Bank in Bengaluru Urban, Karnataka. Its MICR code is 560059020.

IFSC
SIBL0000523
MICR
560059020
Bank
South Indian Bank
Branch
Bangalore-R.T.Nagar
District
Bengaluru Urban
State
Karnataka
Phone
+918023439810

Branch address

South Indian Bank
No.551, Ground Floor,2nd Block, 2nd Cross,, Rahmathnagar,R.T.Nagar

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

SIBL is South Indian Bank's bank code, the fifth character 0 is kept for future use, and 000523 is the code of the Bangalore-R.T.Nagar branch. In the MICR code 560059020, 560 is the city, 059 the bank and 020 the branch.

Other South Indian Bank branches in Bengaluru Urban

All 34 South Indian Bank branches in Bengaluru Urban

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

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Common questions.

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  1. The IFSC of South Indian Bank's Bangalore-R.T.Nagar branch (Bengaluru Urban, Karnataka) is SIBL0000523.

  2. 560059020. MICR is printed at the bottom of the branch's cheques.

  3. No.551, Ground Floor,2nd Block, 2nd Cross,, Rahmathnagar,R.T.Nagar

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SIBL0000523 with the beneficiary's account number.

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