Catholic Syrian Bank Limited

RBI has allotted IFSC codes to all the bank branches in India to easily identify transactions done through a particular branch. IFSC codes are unique 11-digit codes with alphanumeric characters, which are given to all bank branches and the code won't repeat. It is mandatory to enter IFSC code or MICR code to identify the branches to perform fund or cash transactions. Without this code the bank branches can't transfer funds.

These codes help the users to ensure that the transferred funds go to the right person, without any errors.

For example, we can take the IFSC code: “CSBK0000376” of the CSB Bank Limited branch in Kochi, Kerala. This IFSC code can be used for online money transactions via NEFT, RTGS and IMPS to any CSB Bank Limited account or to other bank accounts.

• Here, the first four alphabets, CSBK, indicate the bank name, i.e., CSB Bank Limited.
• The fifth digit is 0 (zero) - provided for future use.
• The last six digits 0000376 - denotes a particular branch of Kochi, Kerala.

The Indian Financial System Code in short denoted as IFSC is used for online payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service (IPM), from one bank to another through electronic Instant Mobile Money Transfer service (IMPS), and Centralized Funds Management System (CFMS) instructed by RBI.

RBI has allotted IFSC codes for all banks in India to find out the branches when money transfers take place. According to RBI guidelines, the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India. With help of IFSC codes and MICR codes, the online fund transfers are made easy without any confusion. The first four Characters mentioned in IFSC code denote the bank names and the last six digits helps to identify the bank branch name involved in the transaction. The fifth digit is zero for all banks which is next to alphabets provided for future use. This code helps to avoid the risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches the right account holder at the specified branch.

Easy way to find CSB Bank Limited IFSC Code and MICR Code?

If the customer knows the full name of the bank and its branch location, then it is easy to find IFSC codes and MICR codes within a few seconds. The customer can find MICR codes and IFSC codes which are printed on passbook and cheque books/ leaves issued by CSB Bank Limited.

The website of Reserve Bank of India also offers the entire list of IFSC codes required for the account holder. The customers can also enter on the bank’s official website. Some of the third-party financial websites or other advertisement websites are also rendering the service to get IFSC codes of any bank and its branches located in India.

Some of the popular financial comparison sites display the table carrying IFSC codes for CSB Bank Limited branches throughout India. Any account holder visiting the website can choose the Bank IFSC code link present on the home page. Customers by clicking the link will lead to another page where four columns are displayed. Customers must feed some bank details like the state in which it is located, the district in which it is located and branch name to get IFSC codes or MICR codes for CSB Bank Limited. The website displays all details about the bank such as the phone number, address of the branch, name, branch code etc.

Catholic Syrian Bank Limited Branch Details

• Andhra Pradesh

• Chandigarh

• Delhi

• Goa

• Gujarat

• Haryana

• Himachal Pradesh

• Karnataka

• Kerala

• Madhya Pradesh

• Maharashtra

• Odisha

• Puducherry

• Rajasthan

• Tamil Nadu

• Uttar Pradesh

• West Bengal

About The Catholic Syrian Bank

CBS Bank Limited, formerly The Catholic Syrian Bank Limited was established in November 1920 and is currently the oldest private sector bank in Kerala. The bank celebrated ‘Centenary Year' in 2020. During this century-long period, it has grown from strength to strength, adapting admirably to the far-reaching social, political and economic changes that have taken place during the period. The enterprising spirit inherited from its founding fathers has been maintained throughout its history.

In 1969, the bank became a scheduled bank, as it was included in the Second Schedule of Reserve Bank of India Act. In 1972, it came out of its traditional bastion and opened its first branch in Chembur, Mumbai. “A Class” scheduled bank status was attained and entered the field of International Banking in 1975. Currently it has 417 branches (comprising three service branches and three asset recovery branches) and 310 ATMs (including onsite and offsite) spread across 18 states, two union territories. For efficient administration, the bank has organized all its branches under nine Zonal offices. The bank delivers its products and services through multiple delivery channels that include branches, ATMs, internet and mobile banking.

While the bank has a long operating history as a traditional bank, it is currently focusing on initiatives to transform itself into a full service contemporary bank. Recently, the bank has undertaken a number of initiatives to enhance its business focus by upgrading processes, technology and human resources. As part of transformation, the bank has organized its operations under focused business areas; re-aligning, training and incentivizing employees; creating new products and services; increasing sales and marketing efforts; investing in technology and strengthening the monitoring and risk management framework.

It has implemented strategic changes in business model as a full service new age private sector bank backed by its globally reputed promoter – FIH Mauritius Investments Ltd, a company wholly owned by Fairfax India Holdings Corporation (Fairfax India), part of Fairfax Group.

The bank has re-aligned the organizational set-up for efficiently driving operations and business strategy, wherein branches will be responsible only for deposits, cross selling, and customer servicing and all loan products will be driven by dedicated teams, with each business team operating as a profit center. In 2019, it was rebranded by change of name from The Catholic Syrian Bank Limited to “CSB Bank Limited ''.

It successfully completed its Initial Public Offering (IPO) to the tune of Rs.409.67 crore which received an overwhelming response from the investors and the issue was subscribed overall by 86.92 times. Subsequently, the bank’s shares were listed on Indian stock exchanges on 4 December 2019.

CSB was the pioneer in the field of mechanization among banks, a process started in 1975. Since June 2009, all its branches have been brought under CBS platform, a software programme developed jointly with a reputed software company. Technology has been leveraged for providing banking convenience to customers and all its branches have been enabled and included in the RTGS network. As a member of the National Financial Switch of IDRBT its customers can have access to almost all ATMs, all over the country belonging to different banks. SMS and e-mail alerts are available to customers on demand.

Currently it has more than 1.5 million customers. With the intention of making the right proposition to the right customer at the right time, tailor made banking products have been designed to cater to the specific banking needs of various sections of the society. Currently, the bank has four business principles namely, (a) SME Banking, (b) Retail Banking, (c) Corporate Banking and (d)Treasury Operations.

Few arrangements are made with reputed companies for providing other financial products to the customers. For providing insurance solutions to customers, the bank has tied up with Edelweiss Tokio Insurance Company Ltd and ICICI Lombard General Insurance Company Ltd. International money transfer service and wealth management through the mutual fund route is also made available to customers. The debit cards launched in association with VISA International.

Good corporate governance, regulatory compliance and corporate social responsibility forms an integral part of the bank's philosophy. The bank has total staff strength around 3,204, trained and equipped to render efficient customer service. The bank intention is to service the entire financial needs of the customer. It is also expanding its products suite, services and digital banking platform, with investments in technology aimed at improving its customers' experience, making it easier for them to interact with us, and offering them a range of products altered to their financial needs.

CSB Vision and Mission

The vision and mission of CSB endeavors to excel in bringing products that satisfy the needs of targeted client segments, backed by excellent service – through its branches and technology driven initiatives in a compliant and regulated manner. For its employees, it wants to create a culture of pride driven by performance and productivity that should eventually result in sustainable growth in business and deliver superior returns to its shareholders.

Address :
CSB Bank Limited,
Head Office, CSB Bhavan,
P.O.Box No.502, St Mary’s College Road,
Thrissur – 680 020.
Kerala, India.
For further details contact phone No: 00422-6612300, 00422-2228422, 1800-266-9090.