If you want to make a direct payment to your Kerala Grameena Bank loan account, it’s important to use the correct payment method to avoid transaction failures.
Supported Payment Methods
Kerala Grameena Bank allows loan repayments only through the following modes:
- NEFT
- RTGS
You can transfer funds directly to your loan account number using these options, provided your loan account supports direct fund payment.
Important Note About UPI Payments
- UPI payments are not supported for Kerala Grameena Bank loan accounts
- Payments made through UPI apps (Google Pay, PhonePe, Paytm, etc.) will fail
- Loan accounts do not accept UPI-based transfers
What You Should Do
If your loan account supports direct fund transfers, always choose:
- NEFT – suitable for regular repayment amounts
- RTGS – suitable for higher-value transactions
Before making the payment:
- Ensure the loan account number is correct
- Verify the Kerala Grameena Bank IFSC code
- Confirm beneficiary details carefully
Summary
- ✅ Use NEFT or RTGS to repay Kerala Grameena Bank loans
- ❌ Do not use UPI for loan payments
- ⚠️ UPI transactions will fail for loan accounts
Using the right payment method helps ensure your loan repayment is credited without delay.
