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 The Kerala State Co Operative Bank Ltd for its Koyilandy branch in Koyilandi, Kozhikode, 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 The Kerala State Co Operative Bank Ltd situated in Koyilandi or anywhere in Kerala can easily transfer funds instantly by using the correct IFSC Code KSBK0001635. You should 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, Koyilandy, Koyilandi
Below in the table are the key details related to IFSC Code KSBK0001635 of The Kerala State Co Operative Bank Ltd for its branch located in Koyilandi, within the district of Kozhikode in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | The Kerala State Co Operative Bank Ltd |
| IFSC Code | KSBK0001635 |
| Branch | Koyilandy |
| City | Koyilandi |
| District | Kozhikode |
| State | Kerala |
| Address | 5,Aii,Oyiay,Oyiay,Ozhioepin |
These details are crucial, not just for online banking users but also for businesses and individuals who use The Kerala State Co Operative Bank Ltd in Koyilandi for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KSBK0001635 for the Koyilandy branch of The Kerala State Co Operative Bank Ltd has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like KSBK0001635 is given to every bank branch, including The Kerala State Co Operative Bank Ltd located in Koyilandy, Koyilandi, Kerala, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the The Kerala State Co Operative Bank Ltd branch in Koyilandi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Koyilandi and Kozhikode.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Kerala and the rest of India, which is why the IFSC Code ensures that transactions meant for The Kerala State Co Operative Bank Ltd in Koyilandy doesn't end up at another location.
Format of the IFSC Code KSBK0001635
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 Koyilandy in Koyilandi.
For example, the IFSC Code KSBK0001635 of The Kerala State Co Operative Bank Ltd for the Koyilandy branch has these elements, identifying the bank and the branch location in Koyilandi 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 KSBK0001635 of The Kerala State Co Operative Bank Ltd for its Koyilandy branch located in Koyilandi, 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 Koyilandi and Kozhikode, 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 Koyilandy or Koyilandi to get the exact IFSC Code KSBK0001635.
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 Koyilandi that will provide accurate information.
How to Use IFSC Code KSBK0001635 for Online Transfers?
If you have the IFSC Code KSBK0001635 for the Koyilandy branch of The Kerala State Co Operative Bank Ltd in Koyilandi, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KSBK0001635. 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 KSBK0001635.
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 Koyilandy in Koyilandi, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of The Kerala State Co Operative Bank Ltd in Koyilandy, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official The Kerala State Co Operative Bank Ltd website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Koyilandi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Koyilandy Koyilandi branch is KSBK0001635.
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 5,Aii,Oyiay,Oyiay,Ozhioepin.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
