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 Mayyil 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 KLGB0040665. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Kerala Gramin Bank, Mayyil, Kannur
Here are the main details that are associated with the IFSC Code KLGB0040665 of Kerala Gramin Bank for its branch located in Kannur, within the district of Kannur in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Kerala Gramin Bank |
| IFSC Code | KLGB0040665 |
| Branch | Mayyil |
| City | Kannur |
| District | Kannur |
| State | Kerala |
| Address | Kripa Complex, Mp Vi/258 P, Mayyil P.O. , Kannur Dist |
These details helps users in online banking and for businesses and individuals who use Kerala Gramin Bank in Kannur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KLGB0040665 for the Mayyil branch of Kerala Gramin Bank plays a vital 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, including Kerala Gramin Bank located in Mayyil, Kannur, Kerala, is provided with a unique IFSC like KLGB0040665 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Kerala Gramin Bank branch in Kannur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Kannur and Kannur.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Kerala and the rest of India and the IFSC Code ensures that transactions meant for Kerala Gramin Bank in Mayyil do not get mixed with another location.
Format of the IFSC Code KLGB0040665
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): 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 Mayyil in Kannur.
For example, the IFSC Code KLGB0040665 of Kerala Gramin Bank for the Mayyil branch includes these elements, identifying the bank and the branch location in Kannur and Kerala accurately.
How to Find IFSC Code for Kerala Gramin Bank?
To find the IFSC Code KLGB0040665 of Kerala Gramin Bank for its Mayyil 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 Mayyil or Kannur to find the exact IFSC Code KLGB0040665.
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 KLGB0040665 for Online Transfers?
Once you have the IFSC Code KLGB0040665 for the Mayyil 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 KLGB0040665. 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 KLGB0040665.
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 Mayyil 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 Mayyil, 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 Kerala Gramin Bank website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Kannur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is KLGB0040665.
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 Kripa Complex, Mp Vi/258 P, Mayyil P.O. , Kannur Dist located in Kannur, Kannur, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.