Call us +91 87968 84759wecare@oxonfintech.comMon–Sat, 10am–7pm ISTGurugram, Haryana
South Indian Bank · Alwal

SIBL0000581: South Indian Bank, Alwal

IFSC code SIBL0000581 belongs to the Alwal branch of South Indian Bank in Alwal, Andhra Pradesh. Its MICR code is 500059013.

IFSC
SIBL0000581
MICR
500059013
Bank
South Indian Bank
Branch
Alwal
District
Alwal
State
Andhra Pradesh
Phone
+914027970067

Branch address

South Indian Bank
H No 6-44-90, Plot No 29a, Temple Alwal, Vallabh Nagar, Secunderabad

Open in a map

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 000581 is the code of the Alwal branch. In the MICR code 500059013, 500 is the city, 059 the bank and 013 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.

Can't find what you're looking for? Our team is happy to help.

Contact us
  1. The IFSC of South Indian Bank's Alwal branch (Alwal, Andhra Pradesh) is SIBL0000581.

  2. 500059013. MICR is printed at the bottom of the branch's cheques.

  3. H No 6-44-90, Plot No 29a, Temple Alwal, Vallabh Nagar, Secunderabad

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SIBL0000581 with the beneficiary's account number.

Ready to get started?

Pick a loan, share a few details and see the offers you may be eligible for — no obligation.

  • One application
  • Paperless, AA-based
  • No obligation