Dhanlaxmi Bank, RPC PALAKKAD, PALAKKAD Branch IFSC Code

The IFSC code DLXB0000994 is assigned to Dhanlaxmi Bank, RPC PALAKKAD located in PALAKKAD, KERALA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name Dhanlaxmi Bank
IFSC Code DLXB0000994
Branch Code 000994
Branch RPC PALAKKAD
City PALAKKAD
District PALAKKAD
State KERALA
Address 1 FLOOR,KRISHNA ARCADE,CHANDRANAGAR,PALAKKAD 678007 Maps

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

DLXB Bank Code
0 Reserved (0)
000994 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code DLXB0000994 is the Indian Financial System Code assigned to Dhanlaxmi Bank, RPC PALAKKAD branch in PALAKKAD, KERALA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in PALAKKAD, PALAKKAD, KERALA. The full address is: 1 FLOOR,KRISHNA ARCADE,CHANDRANAGAR,PALAKKAD 678007

The branch code is 000994. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Dhanlaxmi Bank.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: DLXB0000994
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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