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 Kerala Gramin Bank for its Kurumassery branch in Aluva, Ernakulam, 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 Kerala Gramin Bank located in Aluva or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code KLGB0040720. 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 Kerala Gramin Bank, Kurumassery, Aluva
Below in the table are the key details related to IFSC Code KLGB0040720 of Kerala Gramin Bank for its branch located in Aluva, within the district of Ernakulam in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Kerala Gramin Bank |
| IFSC Code | KLGB0040720 |
| Branch | Kurumassery |
| City | Aluva |
| District | Ernakulam |
| State | Kerala |
| Address | Maliyakkal Building, Aluva Road, Kurumassery, Pin-683579 |
These details are essential not only for online banking users but also for businesses and individuals who use Kerala Gramin Bank in Aluva for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KLGB0040720 for the Kurumassery branch of Kerala Gramin Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Kerala Gramin Bank located in Kurumassery, Aluva, Kerala, is provided a unique IFSC like KLGB0040720 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Kerala Gramin Bank branch in Aluva.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Aluva and Ernakulam.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Kerala and the rest of India, the IFSC Code ensures that transactions meant for Kerala Gramin Bank in Kurumassery do not get misguided to another person.
Format of the IFSC Code KLGB0040720
The format of the IFSC Code for banks, including Kerala Gramin Bank, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Kerala Gramin Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Kurumassery in Aluva.
For example, the IFSC Code KLGB0040720 of Kerala Gramin Bank for the Kurumassery branch includes these elements, identifying the bank and the branch location in Aluva and Kerala correctly.
How to Find IFSC Code for Kerala Gramin Bank?
If you are trying to find the IFSC Code KLGB0040720 of Kerala Gramin Bank for its Kurumassery branch located in Aluva, the following methods can help:
Cheque Book
The cheque book issued by Kerala Gramin Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Kerala Gramin Bank branches in Aluva and Ernakulam, print them on the first page of your passbook.
Bank Website
Visit the official website of Kerala Gramin Bank and navigate to the branch locator section. Search for Kurumassery or Aluva to get the exact IFSC Code KLGB0040720.
Mobile Banking App
If you use Kerala Gramin Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Kerala Gramin Bank and Aluva, you'll get the correct details.
How to Use IFSC Code KLGB0040720 for Online Transfers?
If you have the IFSC Code KLGB0040720 for the Kurumassery branch of Kerala Gramin Bank in Aluva, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KLGB0040720. 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 Kerala Gramin Bank IFSC Code KLGB0040720.
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 Kerala Gramin Bank Kurumassery in Aluva, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Kerala Gramin Bank in Kurumassery, here are some of the ways you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Kerala Gramin Bank website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Aluva manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kurumassery Aluva branch is KLGB0040720.
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 Maliyakkal Building, Aluva Road, Kurumassery, Pin-683579.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.