THIRUVANANTHAPURAM, KERALA
IFSC Code
KSBK0001066
MICR Code
695177066
Branch
PALAYAM
Bank
Kerala State Co-operative Bank
District
THIRUVANANTHAPURAM
State
KERALA
Contact
+914712336888
Address
TC 26/699(1),SUBADRA SANKAR,VANROSE JUNCTION,PALAYAM,THIRUVANANTHAPURAM PIN 695001
NEFT transfers to PALAYAM, one of Kerala State Co-operative Bank's branches in THIRUVANANTHAPURAM, are batch-processed rather than instant. Most transfers clear within 30 minutes to a couple of hours during banking hours, and NEFT now runs 24x7 on all days including weekends.
RTGS (Real Time Gross Settlement) is built for high-value transfers — ₹2 lakh and above — and settles individually rather than in batches, so money reaches PALAYAM almost immediately once processed, rather than waiting for the next settlement window.
IMPS is built for urgency: transfers to PALAYAM clear in seconds rather than minutes or hours, and it works around the clock — useful outside NEFT/RTGS's usual processing windows.
A distinction that matters if you're transferring to PALAYAM: the RBI settlement system runs 24x7 for NEFT and RTGS, but that doesn't mean this specific branch is open around the clock. Online transfers process any time; in-person or cash-based requests still depend on the branch actually being open.
| Method | System Hours | If Visiting PALAYAM In Person |
|---|---|---|
| NEFT | 24x7x365, including weekends and holidays (RBI mandate since 16 Dec 2019) | Online/net-banking NEFT processes any time. An in-branch, cash, or cheque-based NEFT request still depends on that branch's working hours. |
| RTGS | 24x7x365, including weekends and holidays (RBI mandate since 14 Dec 2020) | Minimum transfer amount is ₹2 lakh. Same system-vs-branch-hours distinction as NEFT applies for in-person requests. |
| IMPS | 24x7x365 — always has been, no banking-hours restriction at the system level. | Typically capped per transaction depending on your bank's own limits (often around ₹5 lakh). |
The IFSC code for Kerala State Co-operative Bank's PALAYAM branch in THIRUVANANTHAPURAM, KERALA is KSBK0001066. This 11-character code is required for NEFT, RTGS, and IMPS transfers to any account held at this branch.
The MICR code for this branch is 695177066. MICR codes are used for cheque clearing, while the IFSC code (KSBK0001066) is what's needed for electronic transfers like NEFT and RTGS.
This branch is located at: TC 26/699(1),SUBADRA SANKAR,VANROSE JUNCTION,PALAYAM,THIRUVANANTHAPURAM PIN 695001. It falls under THIRUVANANTHAPURAM district, KERALA.
Yes — the same IFSC code (KSBK0001066) is used for NEFT, RTGS, and IMPS transfers to this branch. Which one you should pick depends on the amount and urgency, not the code itself: RTGS for ₹2 lakh+ needing near-instant settlement, NEFT for regular batch-processed transfers, and IMPS for smaller amounts that need to land in seconds.
Yes, this branch's listed contact number is +914712336888.
IFSC and MICR code data sourced from bank-published branch records. While we take care to keep this current, always confirm the IFSC code with your bank before making a large transfer — see our disclaimer for details.