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South Indian Bank · Madikeri

South Indian Mercara IFSC code

IFSC code
✔ In RBI list v2.0.62
SIBL0000124
MICR code
571City
059Bank
099Branch
IFSC code
SIBL0000124
MICR code
571059099
Bank
South Indian Bank
Branch
Mercara
Address
POST BOX NO 36,SRI LAKSHMI COMPLEX,COLLEGE ROAD,MADIKERI,KODAGU,KARNATAKA 571201
City
Madikeri
District
Madikeri
State
Karnataka
Bank code
SIBL
Branch code
000124
Contact
+918272229601
Payment systems
NEFT, RTGS, IMPS, UPI
Quick summary✔ RBI data Last synced · release v2.0.62

The IFSC code of South Indian Bank, Mercara branch (Madikeri, Karnataka) is SIBL0000124. Its MICR code is 571059099. Use the IFSC for NEFT, RTGS and IMPS transfers to accounts at this branch.

Branch overview

  • Bank code SIBL — identifies South Indian Bank
  • 5th character 0 — reserved by the RBI
  • Branch code 000124 — identifies Mercara
  • MICR 571059099 — city 571, bank 059, branch 099
  • Payments NEFT, RTGS, IMPS, UPI

Sources & verification

  • ✔ Official source: RBI IFSC & MICR master list
  • ✔ Dataset release v2.0.62
  • ✔ Last updated 24 October 2026
  • ✔ Format checked (11-character IFSC, 9-digit MICR)

Frequently asked questions

What is the IFSC code of South Indian Mercara?

SIBL0000124. It identifies the Mercara branch of South Indian Bank in Madikeri, Karnataka.

What is the MICR code of South Indian Mercara?

571059099. It is printed at the bottom of cheques issued by this branch.

Where is South Indian Mercara branch?

POST BOX NO 36,SRI LAKSHMI COMPLEX,COLLEGE ROAD,MADIKERI,KODAGU,KARNATAKA 571201, Karnataka.

Does SIBL0000124 support NEFT, RTGS and IMPS?

Yes: the RBI list shows NEFT, RTGS, IMPS and UPI for this branch.

What do the parts of SIBL0000124 mean?

SIBL is the bank code of South Indian Bank, the 5th character "0" is reserved by the RBI, and 000124 is the branch code of Mercara.

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