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 Matool branch in Matool, Kannur, 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 Matool or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code KSBK0001750. 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, Matool, Matool
Here are the key points that are associated with the IFSC Code KSBK0001750 of The Kerala State Co Operative Bank Ltd for its branch located in Matool, within the district of Kannur in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | The Kerala State Co Operative Bank Ltd |
| IFSC Code | KSBK0001750 |
| Branch | Matool |
| City | Matool |
| District | Kannur |
| State | Kerala |
| Address | Pxiii/384B,384G,384H,384I,Atool,Atoolnorth,Kannurpin |
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 Matool for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KSBK0001750 for the Matool 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 Matool, Matool, Kerala, are allotted a unique IFSC like KSBK0001750 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Matool.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Matool and Kannur.
- 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 Matool reaches the right place, even though there are thousands of branches in Kerala and across India.
Format of the IFSC Code KSBK0001750
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 Matool in Matool.
For example, the IFSC Code KSBK0001750 of The Kerala State Co Operative Bank Ltd for the Matool branch includes these elements, identifying the bank and the branch location in Matool and Kerala accurately.
How to Find IFSC Code for The Kerala State Co Operative Bank Ltd?
If you are looking for the IFSC Code KSBK0001750 of The Kerala State Co Operative Bank Ltd for its Matool branch located in Matool, the following methods can help:
Cheque Book
The cheque book that is issued by The Kerala State Co Operative Bank Ltd 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 The Kerala State Co Operative Bank Ltd branches in Matool and Kannur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of The Kerala State Co Operative Bank Ltd and look for the branch locator section, then search for Matool or Matool to get the exact IFSC Code KSBK0001750.
Mobile Banking App
If you use The Kerala State Co Operative Bank Ltd'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 The Kerala State Co Operative Bank Ltd and Matool, then it will provide you proper information.
How to Use IFSC Code KSBK0001750 for Online Transfers?
Once you have the IFSC Code KSBK0001750 for the Matool branch of The Kerala State Co Operative Bank Ltd in Matool, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KSBK0001750. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 KSBK0001750.
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 Matool in Matool, your payment can get delayed or might not go through at all.
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 Matool, 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 Matool manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Matool Matool branch is KSBK0001750.
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 Pxiii/384B,384G,384H,384I,Atool,Atoolnorth,Kannurpin.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.