South Indian Bank (SIB) IFSC Code — Complete Guide
South Indian Bank is a Kerala-based private sector bank founded in 1929 in Thrissur during India's freedom movement. With 950+ branches spread across India, SIB is particularly strong in Kerala and other southern states. The bank is known for NRI banking services (especially for the Gulf diaspora), gold loans, and its long tradition of customer trust.
How to Find SIB IFSC Code
- Use the search tool above — select state, district and branch
- Check your SIB cheque book — IFSC printed at top of every leaf
- Open your SIB passbook — front page shows IFSC code
- Log in to SIB net banking → Account Details
Using SIB IFSC for Transfers
- NEFT: Enter IFSC when adding beneficiary. Settled in 30 minutes.
- RTGS: For transfers above ₹2 lakh. Settled in real time.
- IMPS: 24×7 instant transfers up to ₹5 lakh.
- International: Use SWIFT code SIBLINBB (not IFSC) for overseas transfers.
NEFT, RTGS and IMPS Timings
- NEFT: Available 24×7 including weekends. Settled in 30-minute batches. No minimum amount.
- RTGS: Available 24×7. Minimum ₹2 lakh. Real-time gross settlement.
- IMPS: Instant 24×7. Up to ₹5 lakh per transaction. Credited immediately.
Difference Between IFSC and MICR Code
IFSC (11 alphanumeric characters) is used for online transfers — NEFT, RTGS, IMPS. MICR (9 numeric digits) is printed at the bottom of cheques using magnetic ink for cheque clearing. IFSC is for digital transfers; MICR is for paper cheques. Both are branch-specific and unique per branch.
How to Verify an IFSC Code
Always verify IFSC codes before initiating transfers, especially for large amounts. Use the search tool above to cross-check any IFSC against the official database. An IFSC code should be exactly 11 characters, start with 4 letters (bank code), have a 0 as the 5th character, and end with 6 alphanumeric characters.