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 Yeroor branch in Yeroor, 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 Yeroor or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code KSBK0001167. 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, Yeroor, Yeroor
Here are the key points that are associated with the IFSC Code KSBK0001167 of The Kerala State Co Operative Bank Ltd for its branch located in Yeroor, within the district of Kollam in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | The Kerala State Co Operative Bank Ltd |
| IFSC Code | KSBK0001167 |
| Branch | Yeroor |
| City | Yeroor |
| District | Kollam |
| State | Kerala |
| Address | Yp 13/638,Yeroor,Kollam Pin 691312 |
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 Yeroor for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KSBK0001167 for the Yeroor 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 provided by the Reserve Bank of India. Every bank branch, including The Kerala State Co Operative Bank Ltd located in Yeroor, Yeroor, Kerala, is provided with a unique IFSC like KSBK0001167 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the The Kerala State Co Operative Bank Ltd branch in Yeroor.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Yeroor and Kollam.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Kerala and the rest of India and the IFSC Code ensures that transactions meant for The Kerala State Co Operative Bank Ltd in Yeroor do not get mixed with another location.
Format of the IFSC Code KSBK0001167
This is 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 explanation:
- First 4 characters (AAAA): This is the bank code. For The Kerala State Co Operative Bank Ltd, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Yeroor in Yeroor.
For example, the IFSC Code KSBK0001167 of The Kerala State Co Operative Bank Ltd for the Yeroor branch includes these elements, identifying the bank and the branch location in Yeroor 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 KSBK0001167 of The Kerala State Co Operative Bank Ltd for its Yeroor branch located in Yeroor, 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
Most banks, including The Kerala State Co Operative Bank Ltd branches in Yeroor and Kollam, print the IFSC and MICR codes 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 Yeroor or Yeroor to get the exact IFSC Code KSBK0001167.
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 Yeroor, you'll get the correct details.
How to Use IFSC Code KSBK0001167 for Online Transfers?
Once you have the IFSC Code KSBK0001167 for the Yeroor branch of The Kerala State Co Operative Bank Ltd in Yeroor, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KSBK0001167. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and The Kerala State Co Operative Bank Ltd IFSC Code KSBK0001167.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for The Kerala State Co Operative Bank Ltd Yeroor in Yeroor, it can 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 Yeroor, 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 Yeroor manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is KSBK0001167.
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 Yp 13/638,Yeroor,Kollam Pin 691312 located in Yeroor, Kollam, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.