ERNAKULAM, KERALA
IFSC Code
SIBL0008064
MICR Code
Not available
Branch
PERSONAL LOAN BUSINESS GROUP
Bank
South Indian Bank
District
ERNAKULAM
State
KERALA
Contact
+914842365657
Address
PERSONAL LOAN BUSINESS GROUP,3RD FLOOR, ADMINISTRATIVE BLOCK-II,SIB BUILDING, RAJAGIRI VALLEY,KAKKANAD, ERNAKULAM 682039, KERALA
NEFT (National Electronic Funds Transfer) lets you send money to any account at South Indian Bank's PERSONAL LOAN BUSINESS GROUP branch from any other bank in India. Transfers are processed in half-hourly batches, so funds usually reach the recipient within a couple of hours, and there's no minimum or maximum amount restriction from RBI's side.
For amounts of ₹2 lakh or more sent to an account at South Indian Bank, PERSONAL LOAN BUSINESS GROUP, RTGS is usually the better choice over NEFT — each transaction settles on its own in real time instead of waiting in a batch.
IMPS (Immediate Payment Service) is the fastest of the three — funds move to PERSONAL LOAN BUSINESS GROUP within seconds, any time of day including bank holidays. It's typically capped at ₹5 lakh per transaction depending on your bank's own limits.
A distinction that matters if you're transferring to PERSONAL LOAN BUSINESS GROUP: 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.
| Method | System Hours | If Visiting PERSONAL LOAN BUSINESS GROUP In Person |
|---|---|---|
| NEFT | 24x7x365, 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. |
| RTGS | 24x7x365, 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. |
| IMPS | 24x7x365 — 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). |
The IFSC code for South Indian Bank's PERSONAL LOAN BUSINESS GROUP branch in ERNAKULAM, KERALA is SIBL0008064. This 11-character code is required for NEFT, RTGS, and IMPS transfers to any account held at this branch.
A MICR code isn't listed for this branch in our records. MICR codes are used specifically for cheque clearing — if you need one, it's best to confirm directly with the branch, since it doesn't affect NEFT/RTGS/IMPS transfers, which only need the IFSC code (SIBL0008064).
This branch is located at: PERSONAL LOAN BUSINESS GROUP,3RD FLOOR, ADMINISTRATIVE BLOCK-II,SIB BUILDING, RAJAGIRI VALLEY,KAKKANAD, ERNAKULAM 682039, KERALA. It falls under ERNAKULAM district, KERALA.
Yes — the same IFSC code (SIBL0008064) 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.
Yes, this branch's listed contact number is +914842365657.
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.