South Indian Bank - Nigdi IFSC Code

Pune Maharashtra
IFSC Code
SIBL0000561
MICR Code
411059004
Bank Code
SIBL

Payment Services

NEFT Available
RTGS Available
IMPS Available
UPI Available

Location & Contact

ADDRESS
RIDDHE CAPITAL, S-11, SECTOR NO.26, ADC PCNTDA, NEAR SAMBAHJI CHOWK, NIGDI PRADHI KARAN
DISTRICT
Nigdi
STATE
Maharashtra
CONTACT
+912027641177

About South Indian Bank NIGDI Branch

The South Indian Bank Nigdi branch is located in Pune, Nigdi district, Maharashtra. Its official IFSC code is SIBL0000561. This branch offers a wide range of banking services to customers in the Pune area, including savings and current accounts, loans, and digital banking facilities.

You can use the IFSC code SIBL0000561 for all online fund transfers, such as NEFT, RTGS, IMPS and UPI. It is mandatory to provide this code when adding a beneficiary to ensure that your funds are transferred securely and accurately to this specific branch.

Additionally, this branch has the MICR code 411059004, which is used for the processing and clearing of cheques. This code is printed on the bottom of cheque leaves and facilitates faster clearing.

Whether you are receiving funds or sending money to an account at the Nigdi branch, always verify the IFSC code SIBL0000561 before confirming the transaction.

How to Use This IFSC Code

The IFSC code SIBL0000561 is required for:

  • NEFT Transfers: National Electronic Funds Transfer to this branch
  • RTGS Transfers: Real Time Gross Settlement for large transactions
  • IMPS Transfers: Immediate Payment Service for instant transfers
  • UPI Setup: Link your bank account to UPI apps
  • Online Bill Payments: Add beneficiary for utility payments

Simply enter SIBL0000561 when prompted for the IFSC code during any online banking transaction.

Frequently Asked Questions

The IFSC code for the Nigdi branch of South Indian Bank in Pune, Maharashtra is SIBL0000561. This code is used for all online banking transactions including NEFT, RTGS, and IMPS.
The MICR (Magnetic Ink Character Recognition) code for this branch is 411059004. MICR codes are used for cheque processing and clearing.
Yes, the Nigdi branch of South Indian Bank supports both NEFT (National Electronic Funds Transfer) and RTGS (Real Time Gross Settlement) transactions. You can use the IFSC code SIBL0000561 for these services.
The complete address is: RIDDHE CAPITAL, S-11, SECTOR NO.26, ADC PCNTDA, NEAR SAMBAHJI CHOWK, NIGDI PRADHI KARAN, Pune, Maharashtra. This branch serves customers in the Pune area.
Yes, South Indian Bank supports UPI (Unified Payments Interface) services. You can link your account from this branch to UPI apps for instant payments and transfers.
To use this IFSC code, enter SIBL0000561 in the IFSC code field when adding a beneficiary or making an online transfer. Ensure you also enter the correct account number and account holder name for successful transactions.