There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Kerala Gramin Bank for its Payangadi branch in Kannur, Kannur, Kerala, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Kerala Gramin Bank situated in Kannur or anywhere in Kerala can easily transfer funds instantly by using the correct IFSC Code KLGB0040474. You should 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, Payangadi, Kannur
Here are the key points that are associated with the IFSC Code KLGB0040474 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 | KLGB0040474 |
| Branch | Payangadi |
| City | Kannur |
| District | Kannur |
| State | Kerala |
| Address | Payangadi,P.O.Payangadi R.S,Kannur,Kerala,Pin -670358 |
These details are essential not only for online banking users but also for businesses and individuals who use Kerala Gramin Bank in Kannur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KLGB0040474 for the Payangadi 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Kerala Gramin Bank located in Payangadi, Kannur, Kerala, are allotted a unique IFSC like KLGB0040474 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 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 makes sure that money sent to Kerala Gramin Bank in Payangadi reaches the right place, even though there are thousands of branches in Kerala and across India.
Format of the IFSC Code KLGB0040474
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 Payangadi in Kannur.
For example, the IFSC Code KLGB0040474 of Kerala Gramin Bank for the Payangadi branch includes 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 KLGB0040474 of Kerala Gramin Bank for its Payangadi 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 Payangadi or Kannur to find the exact IFSC Code KLGB0040474.
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 KLGB0040474 for Online Transfers?
Once you have the IFSC Code KLGB0040474 for the Payangadi branch of Kerala Gramin Bank in Kannur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KLGB0040474. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Kerala Gramin Bank IFSC Code KLGB0040474.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Kerala Gramin Bank Payangadi in Kannur, your payment can get delayed or might not go through at all.
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 Payangadi, 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 Kannur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is KLGB0040474.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Payangadi,P.O.Payangadi R.S,Kannur,Kerala,Pin -670358 located in Kannur, Kannur, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.