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 The Kerala State Co Operative Bank Ltd for its Ayathil branch in Kollam, Kollam, 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 The Kerala State Co Operative Bank Ltd located in Kollam or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code KSBK0001110. 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 The Kerala State Co Operative Bank Ltd, Ayathil, Kollam
Here are some of the key details that come with the IFSC Code KSBK0001110 of The Kerala State Co Operative Bank Ltd for its branch located in Kollam, within the district of Kollam in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | The Kerala State Co Operative Bank Ltd |
| IFSC Code | KSBK0001110 |
| Branch | Ayathil |
| City | Kollam |
| District | Kollam |
| State | Kerala |
| Address | Kmc/29/1906,Ayathil,Kollam Pin 691021 |
These details are essential not only for online banking users but also for businesses and individuals who use The Kerala State Co Operative Bank Ltd in Kollam for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KSBK0001110 for the Ayathil branch of The Kerala State Co Operative Bank Ltd 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 The Kerala State Co Operative Bank Ltd located in Ayathil, Kollam, Kerala, are allotted a unique IFSC like KSBK0001110 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kollam.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Kollam and Kollam.
- 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 The Kerala State Co Operative Bank Ltd in Ayathil reaches the right place, even though there are thousands of branches in Kerala and across India.
Format of the IFSC Code KSBK0001110
The format of the IFSC Code for banks, including The Kerala State Co Operative Bank Ltd, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In The Kerala State Co Operative Bank Ltd, 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 Ayathil in Kollam.
For example, the IFSC Code KSBK0001110 of The Kerala State Co Operative Bank Ltd for the Ayathil branch has these elements, identifying the bank and the branch location in Kollam and Kerala correctly.
How to Find IFSC Code for The Kerala State Co Operative Bank Ltd?
If you are trying to find the IFSC Code KSBK0001110 of The Kerala State Co Operative Bank Ltd for its Ayathil branch located in Kollam, the following methods can help:
Cheque Book
The cheque books that are issued by The Kerala State Co Operative Bank Ltd include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including The Kerala State Co Operative Bank Ltd branches in Kollam and Kollam, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of The Kerala State Co Operative Bank Ltd and find the branch locator section. Search for Ayathil or Kollam to get the exact IFSC Code KSBK0001110.
Mobile Banking App
If you use The Kerala State Co Operative Bank Ltd's mobile app, you can easily 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 to help you in searching for The Kerala State Co Operative Bank Ltd and Kollam that will provide accurate information.
How to Use IFSC Code KSBK0001110 for Online Transfers?
If you have the IFSC Code KSBK0001110 for the Ayathil branch of The Kerala State Co Operative Bank Ltd in Kollam, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KSBK0001110. Transfers are processed in batches. 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. Asks for the recipient's account details and The Kerala State Co Operative Bank Ltd IFSC Code KSBK0001110.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for The Kerala State Co Operative Bank Ltd Ayathil in Kollam, it 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 The Kerala State Co Operative Bank Ltd in Ayathil, 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 The Kerala State Co Operative Bank Ltd website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Kollam manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Ayathil Kollam branch is KSBK0001110.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Kmc/29/1906,Ayathil,Kollam Pin 691021.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.