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 Mullankolly branch in Wayanad, Wayanad, 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 Wayanad or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code KLGB0040116. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Kerala Gramin Bank, Mullankolly, Wayanad
Here are the main details that are associated with the IFSC Code KLGB0040116 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 | KLGB0040116 |
| Branch | Mullankolly |
| City | Wayanad |
| District | Wayanad |
| State | Kerala |
| Address | Mullankolly P.O.Mullankolly Wynad Dt,Pin-673579 |
These details help users in online banking and for businesses and individuals who use Kerala Gramin Bank in Wayanad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KLGB0040116 for the Mullankolly branch of Kerala Gramin Bank has a very 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 Mullankolly, Wayanad, Kerala, are allotted a unique IFSC like KLGB0040116 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Wayanad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Wayanad and Wayanad.
- 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 Mullankolly reaches the right place, even though there are thousands of branches in Kerala and across India.
Format of the IFSC Code KLGB0040116
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 Mullankolly in Wayanad.
For example, the IFSC Code KLGB0040116 of Kerala Gramin Bank for the Mullankolly branch includes these elements, identifying the bank and the branch location in Wayanad and Kerala correctly.
How to Find IFSC Code for Kerala Gramin Bank?
If you are looking for the IFSC Code KLGB0040116 of Kerala Gramin Bank for its Mullankolly branch located in Wayanad, the following methods can help:
Cheque Book
The cheque book that is issued by Kerala Gramin Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the 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
You can visit the official website of Kerala Gramin Bank and look for the branch locator section, then search for Mullankolly or Wayanad to get the exact IFSC Code KLGB0040116.
Mobile Banking App
If you use Kerala Gramin Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Kerala Gramin Bank and Wayanad, then it will provide you proper information.
How to Use IFSC Code KLGB0040116 for Online Transfers?
Once you have the IFSC Code KLGB0040116 for the Mullankolly 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 KLGB0040116. 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 KLGB0040116.
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 Mullankolly 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 Mullankolly, 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 Wayanad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is KLGB0040116.
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 Mullankolly P.O.Mullankolly Wynad Dt,Pin-673579 located in Wayanad, Wayanad, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.