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South Indian Bank · Chennai

SIBL0001015: South Indian Bank, Velachery

IFSC code SIBL0001015 belongs to the Velachery branch of South Indian Bank in Chennai, Tamil Nadu. Its MICR code is 600059043.

IFSC
SIBL0001015
MICR
600059043
Bank
South Indian Bank
Branch
Velachery
District
Chennai
State
Tamil Nadu
Phone
+914842365657

Branch address

South Indian Bank
Ground Floor,306/1,Shop No.52/1, Velachery Main Road, Velachery, Chennai, Tamil Nadu-600042

Open in a map · Pincode 600042: post offices and area

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 001015 is the code of the Velachery branch. In the MICR code 600059043, 600 is the city, 059 the bank and 043 the branch.

Other South Indian Bank branches in Chennai

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 Velachery branch (Chennai, Tamil Nadu) is SIBL0001015.

  2. 600059043. MICR is printed at the bottom of the branch's cheques.

  3. Ground Floor,306/1,Shop No.52/1, Velachery Main Road, Velachery, Chennai, Tamil Nadu-600042

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SIBL0001015 with the beneficiary's account number.

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