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It is very important to find MICR code 416059002 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the MICR Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify 416059002 MICR code branch is the cheque book. Most banks now print MICR Codes on the cheque books. Also, your account pass book should have the MICR Code printed.
416059002 is the MICR Code for Kolahpur branch of South Indian Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to South Indian Bank account. The address of Kolahpur branch is 1426-a, cward g/1 lakshmi tower konda line, lakshmi puri, kolahpur - 416002, which is located in Kolhapur District of Maharashtra State.
In South Indian Bank MICR Code, the first 4 characters (4160) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (9002) represent the South Indian Bank branch code.
Find more information on MICR Code 416059002 of South Indian Bank Kolahpur Branch MICR Code Kolahpur for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 416059002 details before initiating any transaction!