For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Kerala Gramin Bank for its Chuzhali branch in Kannur, Kannur, Kerala, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Kerala Gramin Bank located in Kannur or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code KLGB0040465. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Kerala Gramin Bank, Chuzhali, Kannur
The table below shows the main details of the IFSC Code KLGB0040465 for the Kerala Gramin Bank branch in Kannur, which falls under the Kannur district in Kerala.
| Particulars | Details |
|---|---|
| Bank | Kerala Gramin Bank |
| IFSC Code | KLGB0040465 |
| Branch | Chuzhali |
| City | Kannur |
| District | Kannur |
| State | Kerala |
| Address | Chuzhali,P.O.Chuzhali,Kannur,Kerala,Pin -670631 |
These details are important not only for users using online banking but also for businesses and individuals who use Kerala Gramin Bank in Kannur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code KLGB0040465 for the Chuzhali branch of Kerala Gramin Bank is vital.
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 Kerala Gramin Bank located in Chuzhali, Kannur, Kerala, are given a unique IFSC like KLGB0040465 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kannur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Kannur and Kannur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Kerala Gramin Bank in Chuzhali goes to the correct branch. This is important because Kerala Gramin Bank has thousands of branches in Kerala and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code KLGB0040465
The format of the IFSC Code for banks, including Kerala Gramin Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Kerala Gramin Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Chuzhali in Kannur.
For example, the IFSC Code KLGB0040465 of Kerala Gramin Bank for the Chuzhali branch has these elements, identifying the bank and the branch location in Kannur and Kerala correctly.
How to Find IFSC Code for Kerala Gramin Bank?
To find the IFSC Code KLGB0040465 of Kerala Gramin Bank for its Chuzhali branch located in Kannur, the following methods can help you out:
Cheque Book
The cheque book issued by Kerala Gramin Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Kerala Gramin Bank branches in Kannur and Kannur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Kerala Gramin Bank and go to the branch locator section. Then search for Chuzhali or Kannur to find the exact IFSC Code KLGB0040465.
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 maintains an updated database of all IFSC codes. Searching for Kerala Gramin Bank and Kannur will provide accurate information.
How to Use IFSC Code KLGB0040465 for Online Transfers?
Once you have the IFSC Code KLGB0040465 for the Chuzhali branch of Kerala Gramin Bank in Kannur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KLGB0040465. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Kerala Gramin Bank IFSC Code KLGB0040465.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Kerala Gramin Bank Chuzhali in Kannur, it can 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 Kerala Gramin Bank in Chuzhali, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Kannur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is KLGB0040465.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Chuzhali,P.O.Chuzhali,Kannur,Kerala,Pin -670631 located in Kannur, Kannur, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.