Use this page as a one-stop reference for everything related to South Indian Bank's MEDIPALLI branch in MEDIPALLI, ANDHRA PRADESH. The branch's IFSC code SIBL0000743 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, SIBL0000743 is the IFSC of South Indian Bank's MEDIPALLI branch. The format is fixed: SIBL = bank code, 0 = reserved, 000743 = branch identifier.
Branch details at a glance
| Bank Name | South Indian Bank |
|---|---|
| Branch | Medipalli |
| IFSC Code | SIBL0000743 |
| MICR Code | Refer to cheque leaf |
| Branch Address | PLOT NO.8,P,T COLONY,MEDIPPALLI GRAM PANCHAYAT,GHATKESAR MANDAL, RANGAREDDY DIST. |
| City | Medipalli |
| District | Rangareddy |
| State | Andhra Pradesh |
| STD Code | 40 |
| Phone | 27208743 |
About South Indian Bank
South Indian Bank operates a wide network of branches across India, including the Medipalli branch in Medipalli. 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, SIBL0000743.
About this branch
The branch is located at PLOT NO.8,P,T COLONY,MEDIPPALLI GRAM PANCHAYAT,GHATKESAR MANDAL, RANGAREDDY DIST.. It serves the Medipalli region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of South Indian Bank. The IFSC SIBL0000743 is used to identify this branch on the RBI payments network.
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 MEDIPALLI branch came to be assigned the code SIBL0000743.
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 SIBL0000743, money simply cannot be routed to the MEDIPALLI branch electronically.
How to transfer money using IFSC SIBL0000743
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 SIBL0000743 across all three.
How to use IFSC SIBL0000743 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to South Indian Bank's MEDIPALLI 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).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC SIBL0000743.
- Confirm the bank name auto-populates as South Indian Bank and the branch as MEDIPALLI.
- 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 MEDIPALLI
If you need to transfer ₹2 lakh or more in one go to an account at South Indian Bank's MEDIPALLI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SIBL0000743 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 – MEDIPALLI, use IMPS. With IFSC SIBL0000743 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC SIBL0000743 for South Indian Bank – MEDIPALLI, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – SIBL0000743 | Yes – SIBL0000743 | Yes – SIBL0000743 |
For most retail customers crediting the Medipalli branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC SIBL0000743
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 – MEDIPALLI is still mapped to IFSC SIBL0000743. 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 SIBL0000743 and the beneficiary's account number to complete the transfer.
Account types you can open at the Medipalli branch
Once you have an account at South Indian Bank – MEDIPALLI, the IFSC SIBL0000743 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Products and services
Customers walking into the Medipalli 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 SIBL0000743
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 SIBL0000743 and the account number together uniquely identify the Medipalli 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 Medipalli 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 SIBL0000743 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.
Common mistakes to avoid when using IFSC SIBL0000743
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to South Indian Bank – MEDIPALLI, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
SIBL0000743. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Medipalli branch
The branch is located at PLOT NO.8,P,T COLONY,MEDIPPALLI GRAM PANCHAYAT,GHATKESAR MANDAL, RANGAREDDY DIST., which puts it inside Medipalli, the broader Rangareddy district, and the state of Andhra Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “South Indian Bank Medipalli branch” — the verified location pin for IFSC SIBL0000743 should appear at the top of the results.
- Confirm the branch is open by calling 40-27208743 before stepping out, especially around public holidays.
- 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 SIBL0000743 and your account number.
Verifying IFSC SIBL0000743 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 SIBL0000743 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 40-27208743.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Medipalli are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to SIBL0000743 continue to work without interruption.
Branch address & contact
South Indian BankMedipalli Branch
PLOT NO.8,P,T COLONY,MEDIPPALLI GRAM PANCHAYAT,GHATKESAR MANDAL, RANGAREDDY DIST.
Medipalli, Andhra Pradesh
Phone: 40-27208743
IFSC: SIBL0000743
Frequently asked questions
What is the IFSC code of South Indian Bank Medipalli branch?
The IFSC code of South Indian Bank, Medipalli branch is SIBL0000743. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How do I add South Indian Bank Medipalli as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SIBL0000743, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC SIBL0000743 the same for all accounts at Medipalli branch?
Yes. The IFSC SIBL0000743 is shared by every account held at South Indian Bank's Medipalli branch. Only the account number changes from customer to customer.
What is the phone number of South Indian Bank Medipalli branch?
You can reach the branch at 40-27208743 during regular banking hours.
Can I use IFSC SIBL0000743 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SIBL0000743 to send funds instantly.
How quickly will an NEFT transfer using SIBL0000743 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to South Indian Bank – Medipalli reflect within 30 minutes.
Summary
The IFSC code SIBL0000743 belongs to South Indian Bank's MEDIPALLI branch, located at PLOT NO.8,P,T COLONY,MEDIPPALLI GRAM PANCHAYAT,GHATKESAR MANDAL, RANGAREDDY… in MEDIPALLI, ANDHRA PRADESH. 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.
