Dhanlaxmi Bank
KOLLAM BRANCH
+914746451344
Understanding IFSC Code: The Digital DNA of Dhanlaxmi Bank
When performing any digital transaction in India, the Indian Financial System Code
(IFSC) acts as a critical identifier. For the KOLLAM
branch of Dhanlaxmi Bank, the code DLXB0000059 ensures
that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual
errors. In an era of instant payments, having the correct IFSC is as important as the account number
itself.
Anatomy of the DLXB0000059 Code
An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:
Bank Identity
"DLXB" represents Dhanlaxmi Bank
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for KOLLAM
Payment Systems Supported by DLXB0000059
| System | Transfer Limit | Processing Time |
|---|---|---|
| NEFT | No Minimum (Up to ₹50 Lakhs+) | Half-hourly batches (24x7) |
| RTGS | Minimum ₹2 Lakhs | Real-time settlement |
| IMPS | Up to ₹5 Lakhs | Instant (Mobile/P2P) |
Why do you need the MICR Code?
While IFSC is for digital transfers, the Magnetic Ink Character Recognition
(MICR) code—691048002—is primarily
used for the processing and clearance of physical cheques. This 9-digit code helps in
identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing
faster and error-free.
Bank Holidays & Availability
The Dhanlaxmi Bank in KOLLAM typically follows the RBI holiday calendar. Digital transfers via DLXB0000059 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.
Security Warning & Verification
Always verify the branch details before making a large payment. While DLXB0000059 is the valid code for KOLLAM at KOLLAM, ensure the beneficiary name matches perfectly in your mobile banking app.
Bank Search Indexing & Metadata
Related Searches
- • Dhanlaxmi Bank Branch List
- • KOLLAM IFSC Codes
- • Swift Code for Dhanlaxmi Bank
- • Bank Holiday in KERALA
Financial Tools
- • GST Calculator Online
- • Personal Loan EMI Calc
- • FD Interest Rates 2026
- • Currency Converter
Branch Context
- • KOLLAM Contact
- • Address of Dhanlaxmi Bank
- • MICR Code Finder
- • KERALA Banking Circle
Platform Links
- • Anand Design DevBox
- • SEO Performance Hub
- • Webmaster Tools
- • IFSC Finder v2.0
INDEXING TAGS: Dhanlaxmi Bank DLXB0000059 code, find KOLLAM branch details, Dhanlaxmi Bank KOLLAM contact number, KERALA bank ifsc list, anand design banking suite, ifsc finder 2026, free bank branch locator, micr code for Dhanlaxmi Bank KOLLAM, online neft rtgs imps guide india, how to find ifsc code of Dhanlaxmi Bank.