IFSC Code of IDBI Bank, Kannur District Co-Op Bank Ltd. Branch, Kerala

Below are the complete branch details for IDBI Bank, KANNUR DISTRICT CO-OP BANK LTD. branch, located in PERINGATHUR, KERALA. The IFSC assigned by the Reserve Bank of India to this branch is IBKL0340K29. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case IBKL0340K29 for IDBI Bank – KANNUR DISTRICT CO-OP BANK LTD. — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.

In our case, IBKL0340K29 is the IFSC of IDBI Bank's KANNUR DISTRICT CO-OP BANK LTD. branch. The format is fixed: IBKL = bank code, 0 = reserved, 340K29 = branch identifier.

Branch details at a glance

About IDBI Bank

IDBI Bank operates a wide network of branches across India, including the Kannur District Co-Op Bank Ltd. branch in Peringathur. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, IBKL0340K29.

Kannur District Co-Op Bank Ltd. branch overview

Located at PERINGATHUR 670 675, the Kannur District Co-Op Bank Ltd. branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IBKL0340K29 is required for all interbank electronic transfers routed through this branch.

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 IDBI Bank's KANNUR DISTRICT CO-OP BANK LTD. branch came to be assigned the code IBKL0340K29.

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 IBKL0340K29, money simply cannot be routed to the KANNUR DISTRICT CO-OP BANK LTD. branch electronically.

How to transfer money using IFSC IBKL0340K29

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 IBKL0340K29 across all three.

NEFT to IDBI Bank, KANNUR DISTRICT CO-OP BANK LTD. using IFSC IBKL0340K29

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 IBKL0340K29, and confirm that the system picks up IDBI Bank – KANNUR DISTRICT CO-OP BANK LTD.. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to KANNUR DISTRICT CO-OP BANK LTD.

If you need to transfer ₹2 lakh or more in one go to an account at IDBI Bank's KANNUR DISTRICT CO-OP BANK LTD. branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IBKL0340K29 while initiating the transfer and the credit will appear within minutes.

IMPS to IDBI Bank KANNUR DISTRICT CO-OP BANK LTD. (IFSC IBKL0340K29)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IBKL0340K29 in your mobile or internet banking app, and the money is credited to the KANNUR DISTRICT CO-OP BANK LTD. branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Kannur District Co-Op Bank Ltd.

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC IBKL0340K29:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at KANNUR DISTRICT CO-OP BANK LTD. is still linked to IFSC IBKL0340K29.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

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 IDBI Bank's KANNUR DISTRICT CO-OP BANK LTD. branch, the IFSC IBKL0340K29 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.

Account types you can open at the Kannur District Co-Op Bank Ltd. branch

Once you have an account at IDBI Bank – KANNUR DISTRICT CO-OP BANK LTD., the IFSC IBKL0340K29 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Products and services

Customers walking into the Kannur District Co-Op Bank Ltd. branch can access most of IDBI Bank's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC IBKL0340K29

MICR & cheque-truncation details

Cheques drawn on the Kannur District Co-Op Bank Ltd. branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IBKL0340K29 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Online banking and IFSC IBKL0340K29

IDBI Bank customers can register for net banking and the bank's official mobile app once their account at the KANNUR DISTRICT CO-OP BANK LTD. branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC IBKL0340K29 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to IDBI Bank – KANNUR DISTRICT CO-OP BANK LTD.:

• The IFSC is exactly IBKL0340K29 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills IDBI Bank as the bank name and KANNUR DISTRICT CO-OP BANK LTD. as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

How to reach the Kannur District Co-Op Bank Ltd. branch

The branch is located at PERINGATHUR 670 675, which puts it inside Peringathur, the broader Kannur district, and the state of Kerala. To plan your visit:

1. Open Google Maps on your phone and search for “IDBI Bank Kannur District Co-Op Bank Ltd. branch” — the verified location pin for IFSC IBKL0340K29 should appear at the top of the results.
2. Confirm the branch is open by calling 497-2700001 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC IBKL0340K29 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC IBKL0340K29 for IDBI Bank – KANNUR DISTRICT CO-OP BANK LTD., you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Working hours

Branch counters at Kannur District Co-Op Bank Ltd. are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to IBKL0340K29 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code IBKL0340K29 belongs to IDBI Bank's KANNUR DISTRICT CO-OP BANK LTD. branch, located at PERINGATHUR 670 675 in PERINGATHUR, 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.