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Bank Details for MICR: 690059101

Bank NameSouth Indian Bank
Branch Name Mavelikara
Branch Code 000271
IFSC Code SIBL0000271
MICR Code 690059101
Bank Address Mavelikara Branch, 6/168b ,first Floor, , Samuel Buildings , Nadakavu , Alapuzha , Kerala, Pin-690101
State Name Kerala
City / Area Mavelikkara
District Name Alapuzzha
Contact Details2307855

MICR code - 690059101 of bank Mavelikara Alapuzzha Kerala India South Indian Bank is use to do any online transaction like NEFT, RTGS, ECS Transactions.

IFSC Code - SIBL0000271 of bank South Indian Bank and MICR code - 690059101 of bank South Indian Bank is use to do any online transaction or transaction related to the Mavelikara branch of South Indian Bank Alapuzzha Kerala. an Invalid use ifsc code or micr code will lead to failur of the transaction.


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MICR Code: Magnetic Ink Character Recognition MICR CODE is printed on cheque book to facilitate the Process of cheques.

National Electronic Funds Transfer (NEFT) is a nation-wide system that facilitates individuals, firms and corporates to electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country. NEFT transfers are also referred as e-cheques as the funds are not transferred in real-time and the funds are settled in batches.

'RTGS' stands for Real Time Gross Settlement, which can be defined as the continuous (real-time) settlement of funds transfers individually on an order by order basis (without netting). You need the IFSC Code to identify the Branch for which you will want to transfer funds using RTGS. Note all branches don't have IFSC Codes.

'IMPS' is Immediate Payment Service and it is commonly known as Interbank Mobile Payment Service. IMPS uses IFSC codes to offer a number of fund transfer services instantly in a round the clock environment. National Payments Corporation of India (NPCI), which is an organization that regulates the retail payments in India, has provided this facility.