RBI Verified • Updated 26 February 2026

SIBL0000557 - Bhilai Nagar South Indian Bank IFSC Code Bhilainagar

Bhilainagar, Chhattisgarh

S

Full Branch Details for SIBL0000557

SIBL0000557

For NEFT, RTGS & IMPS transactions

IFSC Format Breakdown

SIBL - Bank Code

0 - Reserved (0)

000557 - Branch Code

490059002

For cheque clearing (printed on cheques)

MICR Code Details

490 - City Code

059 - Bank Code

002 - Branch Code

Branch Contact & Location Details

Full Address
Grace Plaza, Shop 107-108, Block B, Nehru Nagar Square, Bhilai NagarBhilainagarDurg, Chhattisgarh
Contact Number788-2293667
Working Hours

Mon-Fri: 10:00 AM - 4:00 PM

Sat: 10:00 AM - 1:00 PM (1st, 3rd, 5th only)

Closed on 2nd & 4th Saturdays, Sundays & bank holidays

How to Use SIBL0000557 for Bank Transfers (NEFT/RTGS/IMPS/UPI)

Use this IFSC code when transferring money to any account at South Indian Bank Bhilai Nagar branch. Here's how different transfer methods work:

💸
NEFT
  • Timing: 24x7 Available
  • Limit: No minimum or maximum limit
  • Charges: ₹0-25 based on amount
RTGS
  • Timing: 24x7 Available
  • Limit: Min ₹2 Lakhs
  • Charges: ₹25-55 based on amount
🚀
IMPS
  • Timing: Instant (24x7)
  • Limit: Max ₹5 Lakhs per transaction
  • Charges: ₹0-15 based on bank

Step-by-Step: How to Transfer Money Using This IFSC Code

  1. 1Log in to your bank's net banking or mobile banking app
  2. 2Go to "Add Beneficiary" or "Manage Payee" section
  3. 3Enter beneficiary's account number and SIBL0000557 as IFSC code
  4. 4Verify details and complete beneficiary activation (usually instant or 30 minutes)
  5. 5Select NEFT/RTGS/IMPS, enter amount, and confirm the transfer

Frequently Asked Questions – Bhilai Nagar Branch, Bhilainagar

Common questions about South Indian Bank Bhilai Nagar branch and IFSC SIBL0000557

Location Map & Directions

Nearby South Indian Bank Branches in Bhilainagar

More branches in the same city

No other branches found in Bhilainagar

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Need Help?

Learn more about IFSC codes, NEFT/RTGS transfers, and banking in our detailed guides.