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South Indian Bank · Pune

SIBL0000561: South Indian Bank, Nigdi

IFSC code SIBL0000561 belongs to the Nigdi branch of South Indian Bank in Pune, Maharashtra. Its MICR code is 411059004.

IFSC
SIBL0000561
MICR
411059004
Bank
South Indian Bank
Branch
Nigdi
District
Pune
State
Maharashtra
Phone
+912027641177

Branch address

South Indian Bank
Riddhe Capital, S-11, Sector No.26, Adc Pcntda, Near Sambahji Chowk, Nigdi Pradhi Karan

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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 000561 is the code of the Nigdi branch. In the MICR code 411059004, 411 is the city, 059 the bank and 004 the branch.

Other South Indian Bank branches in Pune

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.

01 FAQ

Common questions.

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  1. The IFSC of South Indian Bank's Nigdi branch (Pune, Maharashtra) is SIBL0000561.

  2. 411059004. MICR is printed at the bottom of the branch's cheques.

  3. Riddhe Capital, S-11, Sector No.26, Adc Pcntda, Near Sambahji Chowk, Nigdi Pradhi Karan

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SIBL0000561 with the beneficiary's account number.

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