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Kerala Gramin Bank

EDAYANNUR BRANCH

+914902484241

IFSC CODE
KLGB0040401
MICR Code 670480842
Branch Code 040401
City / District KANNUR
State KERALA
Office Address CHALOD,P.O.EDAYANNUR,KANNUR,KERALA,PIN 670595
Phone +914902484241
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Kerala Gramin Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the EDAYANNUR branch of Kerala Gramin Bank, the code KLGB0040401 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 KLGB0040401 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"KLGB" represents Kerala Gramin Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for EDAYANNUR

Payment Systems Supported by KLGB0040401

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—670480842—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 Kerala Gramin Bank in KANNUR typically follows the RBI holiday calendar. Digital transfers via KLGB0040401 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 KLGB0040401 is the valid code for EDAYANNUR at KANNUR, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

  • • Kerala Gramin Bank Branch List
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Financial Tools

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Branch Context

  • • EDAYANNUR Contact
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  • • MICR Code Finder
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Platform Links

  • • Anand Design DevBox
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  • • IFSC Finder v2.0

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