South Indian Bank (SIB) is one of the earliest and leading private sector banks in India, founded on 29 January 1929 in Thrissur, Kerala. It was established by a group of enterprising men to provide a safe, efficient, and service-oriented banking institution for the people of South India.
Initially started as a private limited company, it became a scheduled bank in 1946 under the Reserve Bank of India Act. Over time, it expanded its presence throughout India, especially in South Indian states like Tamil Nadu, Kerala, Karnataka, and Andhra Pradesh.
Key Highlights:
- First private sector bank in Kerala to open a branch outside the state.
- Among the first banks to implement core banking system (CBS) in all branches.
- Known for customer-centric services and strong presence in rural and urban areas.
Today, SIB operates hundreds of branches and ATMs across India, including multiple branches in Madurai, Tamil Nadu.
| Branch Name | Address | IFSC Code | Branch Code | MICR Code |
|---|---|---|---|---|
| VADAPERUMBAKKAM | BALAJI NAGAR, VADAPERUMBAKKAM P O, THIRUVALLUR | SIBL0000873 | 0873 | 600059039 |
