Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Dhanalakshmi Bank for its Angamaly branch in Angamaly, Angamaly, or Kerala, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Dhanalakshmi Bank located in Angamaly or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code DLXB0000073. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Dhanalakshmi Bank, Angamaly, Angamaly
Here are the main details that are associated with the IFSC Code DLXB0000073 of Dhanalakshmi Bank for its branch located in Angamaly, within the district of Angamaly in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Dhanalakshmi Bank |
| IFSC Code | DLXB0000073 |
| Branch | Angamaly |
| City | Angamaly |
| District | Angamaly |
| State | Kerala |
| Address | P.B.No.8 Ground Floor K V Varkey Memorial Complex, Angamaly |
These details are essential not only for online banking users but also for businesses and individuals who use Dhanalakshmi Bank in Angamaly for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DLXB0000073 for the Angamaly branch of Dhanalakshmi Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like DLXB0000073 is given to every bank branch, including Dhanalakshmi Bank located in Angamaly, Angamaly, Kerala, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Dhanalakshmi Bank branch in Angamaly.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Angamaly and Angamaly.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Kerala and the rest of India, which is why the IFSC Code ensures that transactions meant for Dhanalakshmi Bank in Angamaly doesn't end up at another location.
Format of the IFSC Code DLXB0000073
The format of the IFSC Code for banks, including Dhanalakshmi Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Dhanalakshmi Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Angamaly in Angamaly.
For example, the IFSC Code DLXB0000073 of Dhanalakshmi Bank for the Angamaly branch includes these elements, identifying the bank and the branch location in Angamaly and Kerala accurately.
How to Find IFSC Code for Dhanalakshmi Bank?
To find the IFSC Code DLXB0000073 of Dhanalakshmi Bank for its Angamaly branch located in Angamaly, the following methods can help you out:
Cheque Book
The cheque book issued by Dhanalakshmi Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Dhanalakshmi Bank branches in Angamaly and Angamaly, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Dhanalakshmi Bank and go to the branch locator section. Then search for Angamaly or Angamaly to find the exact IFSC Code DLXB0000073.
Mobile Banking App
If you use Dhanalakshmi Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Dhanalakshmi Bank and Angamaly will provide accurate information.
How to Use IFSC Code DLXB0000073 for Online Transfers?
If you have the IFSC Code DLXB0000073 for the Angamaly branch of Dhanalakshmi Bank in Angamaly, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code DLXB0000073. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Asks for the recipient's account details and Dhanalakshmi Bank IFSC Code DLXB0000073.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Dhanalakshmi Bank Angamaly in Angamaly, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Dhanalakshmi Bank in Angamaly, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Dhanalakshmi Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Angamaly manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Angamaly Angamaly branch is DLXB0000073.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at P.B.No.8 Ground Floor K V Varkey Memorial Complex, Angamaly.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.