If you are searching for the IFSC code of Dhanalakshmi Bank, KOLLAM branch in KOLLAM, KERALA, this page has every detail you need. The verified IFSC code for this branch is DLXB0000059. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the KOLLAM branch, and detailed step-by-step guides for using the IFSC DLXB0000059 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Dhanalakshmi Bank's KOLLAM branch, the IFSC DLXB0000059 breaks down as follows: DLXB identifies the bank, 0 is the reserved character, and 000059 identifies this particular branch.
About the bank
Dhanalakshmi Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Kollam branch in Kollam, Kerala is part of this network and uses the IFSC code DLXB0000059 for all electronic settlement.
Branch details at a glance
| Bank Name | Dhanalakshmi Bank |
|---|---|
| Branch | Kollam |
| IFSC Code | DLXB0000059 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND FLOOR, GANGOTHRI TOWERS, NEAR IRON BRIDGE KOLLAM - 691 001 |
| City | Kollam |
| District | Kollam |
| State | Kerala |
| STD Code | 474 |
| Phone | 6451344 |
About this branch
The branch is located at GROUND FLOOR, GANGOTHRI TOWERS, NEAR IRON BRIDGE KOLLAM - 691 001. It serves the Kollam region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Dhanalakshmi Bank. The IFSC DLXB0000059 is used to identify this branch on the RBI payments network.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Dhanalakshmi Bank's KOLLAM branch came to be assigned the code DLXB0000059.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC DLXB0000059, money simply cannot be routed to the KOLLAM branch electronically.
Products and account variants supported
Every account opened at the Kollam branch is mapped to IFSC DLXB0000059 on the RBI payments network. The branch generally supports the full retail product catalogue of Dhanalakshmi Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains DLXB0000059.
Banking services available
The Kollam branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 474-6451344.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC DLXB0000059
How to transfer money using IFSC DLXB0000059
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC DLXB0000059 across all three.
NEFT to Dhanalakshmi Bank, KOLLAM using IFSC DLXB0000059
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC DLXB0000059, and confirm that the system picks up Dhanalakshmi Bank – KOLLAM. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC DLXB0000059
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Dhanalakshmi Bank – KOLLAM, ensure your bank's portal accepts IFSC DLXB0000059 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Dhanalakshmi Bank – KOLLAM, use IMPS. With IFSC DLXB0000059 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC DLXB0000059 for Dhanalakshmi Bank – KOLLAM, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – DLXB0000059 | Yes – DLXB0000059 | Yes – DLXB0000059 |
For most retail customers crediting the Kollam branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Dhanalakshmi Bank's KOLLAM branch, the IFSC DLXB0000059 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Digital banking channels
Most day-to-day work that customers used to do at the Kollam branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC DLXB0000059 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Dhanalakshmi Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC DLXB0000059 and the account number together uniquely identify the Kollam branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC DLXB0000059
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Dhanalakshmi Bank – KOLLAM, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
DLXB0000059. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Reaching the branch
The Kollam branch sits at GROUND FLOOR, GANGOTHRI TOWERS, NEAR IRON BRIDGE KOLLAM - 691 001. If you are travelling from outside Kollam, search for the branch on a maps application using the bank name and locality, or call 474-6451344 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC DLXB0000059 and your account number.
Verifying IFSC DLXB0000059 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm DLXB0000059 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 474-6451344.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Kollam branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC DLXB0000059, however, work 24x7.
Branch address & contact
Dhanalakshmi BankKollam Branch
GROUND FLOOR, GANGOTHRI TOWERS, NEAR IRON BRIDGE KOLLAM - 691 001
Kollam, Kerala
Phone: 474-6451344
IFSC: DLXB0000059
Frequently asked questions
Can I use IFSC DLXB0000059 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC DLXB0000059 to send funds instantly.
Does Dhanalakshmi Bank Kollam branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 474-6451344 to confirm.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Kollam branch but serve different purposes.
What is the IFSC code of Dhanalakshmi Bank Kollam branch?
The IFSC code of Dhanalakshmi Bank, Kollam branch is DLXB0000059. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC DLXB0000059 the same for all accounts at Kollam branch?
Yes. The IFSC DLXB0000059 is shared by every account held at Dhanalakshmi Bank's Kollam branch. Only the account number changes from customer to customer.
Where is Dhanalakshmi Bank Kollam branch located?
Dhanalakshmi Bank's Kollam branch is located at GROUND FLOOR, GANGOTHRI TOWERS, NEAR IRON BRIDGE KOLLAM - 691 001, Kollam, Kerala.
Is IFSC DLXB0000059 valid for NEFT and RTGS?
Yes. IFSC DLXB0000059 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code DLXB0000059 belongs to Dhanalakshmi Bank's KOLLAM branch, located at GROUND FLOOR, GANGOTHRI TOWERS, NEAR IRON BRIDGE KOLLAM - 691 001 in KOLLAM, KERALA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
