Find IFSC and MICR Code For Kerala Gramin Bank in Kozhikode

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Kerala Gramin Bank
Kerala
Kerala
Kozhikode
Alappuzha
Aluva
Ananthavoor
Azhikode
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Idukki
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Kollam
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Palakkad
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Pathanamthitta
Pulakode
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Thrissur
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Wayanad
Thottathinkadavu
Cheruvannur
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Meppayyur
Purameri
Agastianmoozhy
Palazhy
Nanminda
Perumanna
Feroke Chungam
Kozhikode Ro
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Service Branch Kozhikode
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Kunnamangalam
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Thamarassery
Kallai
Nadakkavu
Medical College
Malaparamba
Mavoor Road
Kuttiady
Kallachi
Vadakara
Chakkittapara
Balussery
Muchukunnu
Onchiyam
Kuningad
Chengottukavu
Omasseri
Narippatta
Vanimel
Thalayad
Purakkattiri
Keezhariyoor
Moodadi
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Chamal
Edachery
Vilangad
Payyoli Bazar
Perambra
Quilandy
Mannur
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Nandi Bazar
Velom
Anakkampoyil
Maranchatty
Arikkulam
Koodaranhi
Kakkur
Mankavu
Puduppady
Chalikkara
Kodiyathur
Kayakody
Ullery
Thiruvangoor
Unnikulam
Maruthomkara
Kannoth
Koottalida
Manipuram
Nadapuram Road
Tuneri
Maniyur
Valayam
Pandeerkara
Calicut City
Thodannur
Ayanchery
Melady
Narikkuni
Peruvayal
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Atholi
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What is IFSC Code?

IFSC code, short for Indian Financial System Code, is 11 digit character or alphanumeric code used in electronic fund transfer within the different banks and their branches in India.

The IFSC or IFSC code, as its widely known, is used for the identification of different banks and branches. Out of the 11 characters, the first four are bank codes, and the last six are branch codes. This leaves out the fifth character, which is currently designated as zero and is reserved for any future use.

NEFT

National Electronic Funds Transfer

IMPS

Immediate Payment Service

RTGS

Real-Time Gross Settlement

IFSC codes in India are used for these three primary services. IFSC also helps in the Unified Payments Interface or UPI payment system as well.

An example of an IFSC Code will be SBIN0000AABB. Where the first four denote the bank, in this instance, SBI, and the last would be the branch.

What are the major differences between a IFSC code and MICR code?
IFSC CodeMICR Code
The purpose of IFSC code is to help facilitate electronic transfer of fundsMICR code's purpose is to process cheques faster through ECR
IFSC codes has 11 alpha numeric charactersMICR has 9 digit code
The first 4 characters of IFSC is the Bank's codeThe bank is signified by the 4th, 5th and 6th digits of the code

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Most Frequently Asked Questions?

Let's Explore the Most Frequently Asked Questions on IFSC & MICR

Indian Financial System Code is the expanded form of the IFSC code.

We can identify the Bank from the first 4 characters of the IFSC code.

An IFSC code contains alphanumeric characters.

An IFSC code contains alphanumeric characters.

The major parts of the IFSC code are the bank code and branch code.

A SWIFT code is used for transferring funds on an International level.

The major electronic payment systems in India are NEFT, RTGS, IMPS, and UPI.

The Reserve Bank of India provides a unique 11-digit IFSC code to the banks.

There is no minimum amount you can transfer under NEFT under retail banking and corporate banking

The maximum amount you can transfer under NEFT under retail banking is INR 5 Lakhs and in corporate banking it is INR 50 lakhs for Vyapaar/trade and INR 500 crores under Vistaar.

INR 2 lakhs is the amount you can transfer under RTGS under retail banking.

The maximum amount you can transfer under RTGS under retail banking is INR 5 Lakhs and in corporate banking it is INR 50 lakhs for Vyapaar/trade and INR 500 crores under Vistaar.

In a vast country like India, there are numerous cities and towns with the same name, some of them even in the same district. Thus to correctly identify the right or the proper branch, IFSC codes can help out easily by dedicating a specific code for each branch.

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