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South Indian Bank - MERCARA

Details about the IFSC1 SIBL0000124:

Bank: South Indian Bank
Bank Branch: MERCARA (IN-KA)
Country: India
District/State: MADIKERI / KARNATAKA
City: MADIKERI
Address: POST BOX NO 36, SRI LAKSHMI COMPLEX, COLLEGE ROAD, MADIKERI, KODAGU, KARNATAKA 571201
Contact: +918272229601
IFSC:1 SIBL0000124
MICR:2 571059099




1) An IFSC code (Indian Financial System Code) is a unique 11-digit alphanumeric code used to identify bank branches participating in electronic fund transfers like NEFT, RTGS, and IMPS.

2) Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.