South Indian Bank — BHILAI NAGAR Branch
DURG, CHHATTISGARH
Available Services
Branch Details
| Bank Name | South Indian Bank |
|---|---|
| Branch Name | BHILAI NAGAR |
| IFSC Code | SIBL0000557 |
| MICR Code | 490059002 |
| SWIFT Code | N/A |
| Address | GRACE PLAZA, SHOP 107-108, BLOCK B, NEHRU NAGAR SQUARE, BHILAI NAGAR |
| City | DURG |
| District | BHILAINAGAR |
| State | CHHATTISGARH |
| Contact Number | +917882293667 |
How to Use SIBL0000557 for Money Transfers
The IFSC code SIBL0000557 is specifically assigned to the BHILAI NAGAR branch of South Indian Bank located in DURG, CHHATTISGARH. This unique code is mandatory for routing electronic payments correctly within India.
NEFT Transfer
Use SIBL0000557 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.
RTGS Transfer
For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use SIBL0000557 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.
IMPS & UPI
IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require SIBL0000557 when registering a new beneficiary.
Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.
About South Indian Bank BHILAI NAGAR Branch
The BHILAI NAGAR branch of South Indian Bank is situated in DURG, CHHATTISGARH. The branch address is GRACE PLAZA, SHOP 107-108, BLOCK B, NEHRU NAGAR SQUARE, BHILAI NAGAR. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +917882293667. Always use the IFSC code SIBL0000557 when making any online fund transfer to an account held at this branch.
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