Kerala Gramin Bank IFSC Code Search

Bank code				Zero	Branch code
K	L	G	B	0	0	4	0	4	0	2

Kerala Gramin Bank IFSC Code is a combination of 11 alpha-numeric characters, where the first 4 characters signify the bank, the last 6 numbers in the series are numeric or alphanumeric signifying the bank branch’s code and the fifth digit is always a “0”. In the above example, KLGB0040402 is the IFSC code of Chala branch of Kerala Gramin Bank.

Kerala Gramin Bank IFSC code is utilized by the fund transfer systems like NEFT, RTGS, IMPS, etc. to recognize the origination and destination bank branches. Hence, the appropriate functioning of NEFT, RTGS, and IMPS is extensively dependent on IFSC code.

Once the payer provides all the required details then only the fund can be transferred to the account of the payee with the help of the Kerala Gramin Bank IFSC Code in an error-free manner.

There are multiple ways by which a person can look for Kerala Gramin Bank IFSC Code & MICR Code - 

1. IFSC Search Tool offered by Paisabazaar

• Account holders can find Kerala Gramin Bank IFSC Code by visiting IFSC Code Locator Tool offered by Paisabazaar
• Enter the bank name, state and city name
• Select the Kerala Gramin Bank branch and get the IFSC code

2. Kerala Gramin Bank Cheque Leaf and Bank Passbook

IFSC code can be found on cheque leaf and bank passbook of the respective bank. The image below will help understand better:

IFSC code is mentioned at the top of the cheque whereas Cheque number and MICR code are placed at the bottom of the cheque.

What is MICR code?

Magnetic Ink Character Recognition Code (MICR) is a 9 digit code used for faster processing of cheques. The first three digits define the city code, the next three represent the bank code and the last three digits are the code of the bank branch.

3. Reserve Bank of India

Banks and respective branch list of IFSC codes can be obtained from the Reserve Bank of India’s website.

4. Kerala Gramin Bank Netbanking / Mobile Banking

The IFSC code of a Kerala Gramin Bank branch can also be found on the digital banking platforms provided by the bank. Account holders can either opt to log in to the netbanking portal or mobile banking app provided by the bank.

IFSC code is used to transfer funds online by using three main quick payment systems such as IMPS, NEFT and RTGS -

NEFT

National Electronic Funds Transfer (NEFT) is an Indian system of electronic transfer of money from one bank to another or from one bank branch to another. It is based on Deferred Net Settlement (DNS), which settles transactions in batches.

A customer must have the following information before using NEFT:

• Name and bank account number of the beneficiary
• IFSC of the beneficiary Bank/Branch
• Amount to be transferred

RTGS

Real-Time Gross Settlement (RTGS) is an electronic fund transfer method used for high-value transactions, with its minimum transfer amount set to Rs. 2 lakh.

A customer must have the following information before using RTGS:

• Name and bank account number of the beneficiary
• IFSC of the beneficiary Bank/Branch
• Amount to be transferred

IMPS

Immediate Payment Service (IMPS) is an instant fund transfer system that offers an inter-bank electronic fund transfer service through mobile phones and is available 24/7 throughout the year including bank holidays.

Kerala Gramin Bank was formed by amalgamating the two RRBs of Kerala namely South Malabar Gramin Bank and North Malabar Gramin Bank. The bank provides various banking and financial services such as debit cards, credit cards, deposit accounts, loans, etc.