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South Indian Bank · Bowrampet

SIBL0000598: South Indian Bank, Gandi Maisamma

IFSC code SIBL0000598 belongs to the Gandi Maisamma branch of South Indian Bank in Bowrampet, Andhra Pradesh. Its MICR code is 500059016.

IFSC
SIBL0000598
MICR
500059016
Bank
South Indian Bank
Branch
Gandi Maisamma
District
Bowrampet
State
Andhra Pradesh
Phone
+918418255121

Branch address

South Indian Bank
Ground Floor, BGR Arcade 3-93-4 D, Gandi Maisamma X Road Dommara Pochampally Gram Panchayath R.R.Dist, Hyderabad

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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 000598 is the code of the Gandi Maisamma branch. In the MICR code 500059016, 500 is the city, 059 the bank and 016 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.

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Common questions.

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  1. The IFSC of South Indian Bank's Gandi Maisamma branch (Bowrampet, Andhra Pradesh) is SIBL0000598.

  2. 500059016. MICR is printed at the bottom of the branch's cheques.

  3. Ground Floor, BGR Arcade 3-93-4 D, Gandi Maisamma X Road Dommara Pochampally Gram Panchayath R.R.Dist, Hyderabad

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SIBL0000598 with the beneficiary's account number.

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