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 The Kerala State Co Operative Bank Ltd for its Elathur branch in Kozhikode, Kozhikode, 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 The Kerala State Co Operative Bank Ltd located in Kozhikode or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code KSBK0001627. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for The Kerala State Co Operative Bank Ltd, Elathur, Kozhikode
Here are the key points that are associated with the IFSC Code KSBK0001627 of The Kerala State Co Operative Bank Ltd for its branch located in Kozhikode, within the district of Kozhikode in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | The Kerala State Co Operative Bank Ltd |
| IFSC Code | KSBK0001627 |
| Branch | Elathur |
| City | Kozhikode |
| District | Kozhikode |
| State | Kerala |
| Address | /5Bopxptiitttkozikodpin |
These details are important not only for users using online banking but also for businesses and individuals who use The Kerala State Co Operative Bank Ltd in Kozhikode for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code KSBK0001627 for the Elathur branch of The Kerala State Co Operative Bank Ltd is vital.
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 Elathur, Kozhikode, Kerala, are allotted a unique IFSC like KSBK0001627 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kozhikode.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Kozhikode and Kozhikode.
- 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 Elathur reaches the right place, even though there are thousands of branches in Kerala and across India.
Format of the IFSC Code KSBK0001627
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 of this:
- First 4 characters (AAAA): Represent the bank code. For The Kerala State Co Operative Bank Ltd, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Elathur in Kozhikode.
For example, the IFSC Code KSBK0001627 of The Kerala State Co Operative Bank Ltd for the Elathur branch includes these elements, identifying the bank and the branch location in Kozhikode and Kerala accurately.
How to Find IFSC Code for The Kerala State Co Operative Bank Ltd?
If you are trying to find the IFSC Code KSBK0001627 of The Kerala State Co Operative Bank Ltd for its Elathur branch located in Kozhikode, the following methods can help:
Cheque Book
The cheque book issued by The Kerala State Co Operative Bank Ltd includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including The Kerala State Co Operative Bank Ltd branches in Kozhikode and Kozhikode, print them on the first page of your passbook.
Bank Website
Visit the official website of The Kerala State Co Operative Bank Ltd and navigate to the branch locator section. Search for Elathur or Kozhikode to get the exact IFSC Code KSBK0001627.
Mobile Banking App
If you use The Kerala State Co Operative Bank Ltd's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for The Kerala State Co Operative Bank Ltd and Kozhikode, you'll get the correct details.
How to Use IFSC Code KSBK0001627 for Online Transfers?
Once you have the IFSC Code KSBK0001627 for the Elathur branch of The Kerala State Co Operative Bank Ltd in Kozhikode, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KSBK0001627. 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 The Kerala State Co Operative Bank Ltd IFSC Code KSBK0001627.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the The Kerala State Co Operative Bank Ltd Elathur in Kozhikode, your payment can get delayed or might not go through at all.
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 Elathur, 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 Kozhikode manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Elathur Kozhikode branch is KSBK0001627.
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 /5Bopxptiitttkozikodpin.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.