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 Ambalavayal branch in Wayanad, Wayanad, 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 Wayanad or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code KLGB0040102. 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, Ambalavayal, Wayanad
Below in the table are the key details related to IFSC Code KLGB0040102 of Kerala Gramin Bank for its branch located in Wayanad, within the district of Wayanad in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Kerala Gramin Bank |
| IFSC Code | KLGB0040102 |
| Branch | Ambalavayal |
| City | Wayanad |
| District | Wayanad |
| State | Kerala |
| Address | Ambalavayal,P.O.Ambalavayal,Wynad Dt,Pin-673593 |
These details are important not only for users using online banking but also for businesses and individuals who use Kerala Gramin Bank in Wayanad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code KLGB0040102 for the Ambalavayal branch of Kerala Gramin Bank is vital.
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 Ambalavayal, Wayanad, Kerala, is provided a unique IFSC like KLGB0040102 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Kerala Gramin Bank branch in Wayanad.
- 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 Wayanad and Wayanad.
- 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 Ambalavayal do not get misguided to another person.
Format of the IFSC Code KLGB0040102
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 Ambalavayal in Wayanad.
For example, the IFSC Code KLGB0040102 of Kerala Gramin Bank for the Ambalavayal branch has these elements, identifying the bank and the branch location in Wayanad and Kerala correctly.
How to Find IFSC Code for Kerala Gramin Bank?
To find the IFSC Code KLGB0040102 of Kerala Gramin Bank for its Ambalavayal branch located in Wayanad, 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 Wayanad and Wayanad, 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 Ambalavayal or Wayanad to find the exact IFSC Code KLGB0040102.
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 Wayanad will provide accurate information.
How to Use IFSC Code KLGB0040102 for Online Transfers?
Once you have the IFSC Code KLGB0040102 for the Ambalavayal branch of Kerala Gramin Bank in Wayanad, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KLGB0040102. Transfers are processed in batches. This is 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. Requires the recipient's account details and Kerala Gramin Bank IFSC Code KLGB0040102.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Kerala Gramin Bank Ambalavayal in Wayanad 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 Kerala Gramin Bank in Ambalavayal, 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 Wayanad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is KLGB0040102.
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 Ambalavayal,P.O.Ambalavayal,Wynad Dt,Pin-673593 located in Wayanad, Wayanad, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.