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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Dhanalakshmi Bank for its Kollangode branch in Kollengode I, Kollengode I, Kerala, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Dhanalakshmi Bank located in Kollengode I or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code DLXB0000156. 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, Kollangode, Kollengode I

Here are the main details that are associated with the IFSC Code DLXB0000156 of Dhanalakshmi Bank for its branch located in Kollengode I, within the district of Kollengode I in the state of Kerala.

Particulars Details
Bank Dhanalakshmi Bank
IFSC Code DLXB0000156
Branch Kollangode
City Kollengode I
District Kollengode I
State Kerala
Address Vasantha Complex, Kollengode Palakkad Dist. Kerala State, 678506

These details help users in online banking and for businesses and individuals who use Dhanalakshmi Bank in Kollengode I for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code DLXB0000156 for the Kollangode branch of Dhanalakshmi Bank has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Dhanalakshmi Bank located in Kollangode, Kollengode I, Kerala, are allotted a unique IFSC like DLXB0000156 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Kollengode I.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Kollengode I and Kollengode I.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Dhanalakshmi Bank in Kollangode reaches the right place, even though there are thousands of branches in Kerala and across India.

Format of the IFSC Code DLXB0000156

This is the format of the IFSC Code for banks, including Dhanalakshmi Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Dhanalakshmi Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Kollangode in Kollengode I.

For example, the IFSC Code DLXB0000156 of Dhanalakshmi Bank for the Kollangode branch includes these elements, identifying the bank and the branch location in Kollengode I and Kerala accurately.

How to Find IFSC Code for Dhanalakshmi Bank?

To find the IFSC Code DLXB0000156 of Dhanalakshmi Bank for its Kollangode branch located in Kollengode I, 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 Kollengode I and Kollengode I, 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 Kollangode or Kollengode I to find the exact IFSC Code DLXB0000156.

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 Kollengode I will provide accurate information.

How to Use IFSC Code DLXB0000156 for Online Transfers?

If you have the IFSC Code DLXB0000156 for the Kollangode branch of Dhanalakshmi Bank in Kollengode I, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code DLXB0000156. 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 DLXB0000156.

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 Kollangode in Kollengode I, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Dhanalakshmi Bank in Kollangode, here are some ways to obtain it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Dhanalakshmi Bank website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Kollengode I to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Dhanalakshmi Bank in Kollangode, Kollengode I?

The IFSC Code is DLXB0000156.

Is the IFSC Code DLXB0000156 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Dhanalakshmi Bank Kollangode?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Kollangode branch?

The address of the branch is Vasantha Complex, Kollengode Palakkad Dist. Kerala State, 678506 located in Kollengode I, Kollengode I, Kerala.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.