IFSC Code of South Indian Bank, Coimbatore Nggo Colony Branch, Tamil Nadu

This page lists the IFSC code, branch address, contact number and fund-transfer information for South Indian Bank, COIMBATORE NGGO COLONY branch in COIMBATORE. The 11-digit IFSC SIBL0000206 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with South Indian Bank at the COIMBATORE NGGO COLONY location, this is the only IFSC you need.

We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for South Indian Bank – COIMBATORE NGGO COLONY is SIBL0000206. The first four letters SIBL are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000206 map to this branch in COIMBATORE, TAMIL NADU.

Branch details at a glance

About South Indian Bank

South Indian Bank operates a wide network of branches across India, including the Coimbatore Nggo Colony branch in Coimbatore. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, SIBL0000206.

Coimbatore Nggo Colony branch overview

Located at COIMBATORE NGGO COLONY BRANCH, NGGO COLONY, KURUDAMPALAYAM ,COIMBATORE, COIMBATORE , TAMIL NADU, PIN-641022, the Coimbatore Nggo Colony branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC SIBL0000206 is required for all interbank electronic transfers routed through this branch.

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how South Indian Bank's COIMBATORE NGGO COLONY branch came to be assigned the code SIBL0000206.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC SIBL0000206, money simply cannot be routed to the COIMBATORE NGGO COLONY branch electronically.

How to transfer money using IFSC SIBL0000206

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC SIBL0000206 across all three.

How to use IFSC SIBL0000206 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to South Indian Bank's COIMBATORE NGGO COLONY branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC SIBL0000206.
4. Confirm the bank name auto-populates as South Indian Bank and the branch as COIMBATORE NGGO COLONY.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to COIMBATORE NGGO COLONY

If you need to transfer ₹2 lakh or more in one go to an account at South Indian Bank's COIMBATORE NGGO COLONY branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SIBL0000206 while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to South Indian Bank – COIMBATORE NGGO COLONY, use IMPS. With IFSC SIBL0000206 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

Comparing NEFT, RTGS and IMPS for transfers to Coimbatore Nggo Colony

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC SIBL0000206:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at COIMBATORE NGGO COLONY is still linked to IFSC SIBL0000206.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC SIBL0000206

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at South Indian Bank – COIMBATORE NGGO COLONY is still mapped to IFSC SIBL0000206. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC SIBL0000206 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Coimbatore Nggo Colony branch is mapped to IFSC SIBL0000206 on the RBI payments network. The branch generally supports the full retail product catalogue of South Indian Bank, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains SIBL0000206.

Products and services

Customers walking into the Coimbatore Nggo Colony branch can access most of South Indian Bank's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC SIBL0000206

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by South Indian Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC SIBL0000206 and the account number together uniquely identify the Coimbatore Nggo Colony branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Digital banking channels

Most day-to-day work that customers used to do at the Coimbatore Nggo Colony branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC SIBL0000206 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to South Indian Bank – COIMBATORE NGGO COLONY:

• The IFSC is exactly SIBL0000206 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills South Indian Bank as the bank name and COIMBATORE NGGO COLONY as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

How to reach the Coimbatore Nggo Colony branch

The branch is located at COIMBATORE NGGO COLONY BRANCH, NGGO COLONY, KURUDAMPALAYAM ,COIMBATORE, COIMBATORE , TAMIL NADU, PIN-641022, which puts it inside Coimbatore, the broader Coimbotore district, and the state of Tamil Nadu. To plan your visit:

1. Open Google Maps on your phone and search for “South Indian Bank Coimbatore Nggo Colony branch” — the verified location pin for IFSC SIBL0000206 should appear at the top of the results.
2. Confirm the branch is open by calling 422-2642327 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC SIBL0000206 and your account number.

Verifying IFSC SIBL0000206 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm SIBL0000206 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 422-2642327.
• Visiting the bank's official branch locator page.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Coimbatore Nggo Colony branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SIBL0000206, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code SIBL0000206 belongs to South Indian Bank's COIMBATORE NGGO COLONY branch, located at COIMBATORE NGGO COLONY BRANCH, NGGO COLONY, KURUDAMPALAYAM ,COIMBATORE,… in COIMBATORE, TAMIL NADU. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.