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South Indian Bank · Meerut

SIBL0000576: South Indian Bank, Meerut

IFSC code SIBL0000576 belongs to the Meerut branch of South Indian Bank in Meerut, Uttar Pradesh. Its MICR code is 250059002.

IFSC
SIBL0000576
MICR
250059002
Bank
South Indian Bank
Branch
Meerut
District
Meerut
State
Uttar Pradesh
Phone
+911212402425

Branch address

South Indian Bank
Sri Ram Palace, Near New Sabaji Mandi,Delhi Road, Meerut

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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 000576 is the code of the Meerut branch. In the MICR code 250059002, 250 is the city, 059 the bank and 002 the branch.

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 Meerut branch (Meerut, Uttar Pradesh) is SIBL0000576.

  2. 250059002. MICR is printed at the bottom of the branch's cheques.

  3. Sri Ram Palace, Near New Sabaji Mandi,Delhi Road, Meerut

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SIBL0000576 with the beneficiary's account number.

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