South Indian Bank — ST ALOYSIUS COLLEGE

DAKSHIN KANNAD, KARNATAKA

IFSC Code

SIBL0000993

MICR Code

575059005

Branch

ST ALOYSIUS COLLEGE

Bank

South Indian Bank

District

MANGALORE

State

KARNATAKA

Contact

+914842365657

Address

ST ALOYSIUS COLLEGE ,IT BUILDING,LIGHT HOUSE HILL ROAD,TAGORE PARK

Get Directions to This Branch

Using IFSC SIBL0000993 for money transfers

To move funds into an account held at ST ALOYSIUS COLLEGE (South Indian Bank) using NEFT, the sender's bank needs this branch's IFSC code — SIBL0000993. NEFT settles in batches throughout the day, so it's a good fit for transfers that don't need to land instantly.

RTGS is the go-to option when transferring large sums (₹2 lakh+) to ST ALOYSIUS COLLEGE in DAKSHIN KANNAD, since each transfer is settled individually and immediately rather than bundled with others.

Need money at South Indian Bank, ST ALOYSIUS COLLEGE right now? IMPS settles instantly, 24x7, including weekends and holidays — unlike NEFT/RTGS, which follow banking-hour batch or settlement windows.

NEFT & RTGS Timing — System Hours vs. Branch Hours

A distinction that matters if you're transferring to ST ALOYSIUS COLLEGE: the RBI settlement system runs 24x7 for NEFT and RTGS, but that doesn't mean this specific branch is open around the clock. Online transfers process any time; in-person or cash-based requests still depend on the branch actually being open.

MethodSystem HoursIf Visiting ST ALOYSIUS COLLEGE In Person
NEFT24x7x365, including weekends and holidays (RBI mandate since 16 Dec 2019)Online/net-banking NEFT processes any time. An in-branch, cash, or cheque-based NEFT request still depends on that branch's working hours.
RTGS24x7x365, including weekends and holidays (RBI mandate since 14 Dec 2020)Minimum transfer amount is ₹2 lakh. Same system-vs-branch-hours distinction as NEFT applies for in-person requests.
IMPS24x7x365 — always has been, no banking-hours restriction at the system level.Typically capped per transaction depending on your bank's own limits (often around ₹5 lakh).

Follow these steps to transfer money into an account held at ST ALOYSIUS COLLEGE:

  1. Log in to your bank's net banking portal or mobile banking app.
  2. Add a new beneficiary/payee, entering the recipient's full name and account number.
  3. Enter the IFSC code SIBL0000993 when prompted — this routes the transfer to ST ALOYSIUS COLLEGE specifically.
  4. Most banks require a short cooling-off period (often a few hours) after adding a new beneficiary before the first transfer.
  5. Once the beneficiary is active, choose NEFT, RTGS, or IMPS based on the amount and how quickly you need it to arrive.
  6. Enter the amount, review the details (name, account number, IFSC), and confirm with your OTP/PIN.

Frequently asked questions

What is the IFSC code of the South Indian Bank ST ALOYSIUS COLLEGE branch?

The IFSC code for South Indian Bank's ST ALOYSIUS COLLEGE branch in DAKSHIN KANNAD, MANGALORE, KARNATAKA is SIBL0000993. This 11-character code is required for NEFT, RTGS, and IMPS transfers to any account held at this branch.

What is the MICR code of this branch?

The MICR code for this branch is 575059005. MICR codes are used for cheque clearing, while the IFSC code (SIBL0000993) is what's needed for electronic transfers like NEFT and RTGS.

Where is the ST ALOYSIUS COLLEGE branch of South Indian Bank located?

This branch is located at: ST ALOYSIUS COLLEGE ,IT BUILDING,LIGHT HOUSE HILL ROAD,TAGORE PARK. It falls under MANGALORE district, KARNATAKA.

Can I use this IFSC code for both NEFT and RTGS transfers?

Yes — the same IFSC code (SIBL0000993) is used for NEFT, RTGS, and IMPS transfers to this branch. Which one you should pick depends on the amount and urgency, not the code itself: RTGS for ₹2 lakh+ needing near-instant settlement, NEFT for regular batch-processed transfers, and IMPS for smaller amounts that need to land in seconds.

Is there a phone number for this branch?

Yes, this branch's listed contact number is +914842365657.

Other South Indian Bank branches in MANGALORE

South Indian Bank in other districts of KARNATAKA

IFSC and MICR code data sourced from bank-published branch records. While we take care to keep this current, always confirm the IFSC code with your bank before making a large transfer — see our disclaimer for details.