For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Karur Vysya Bank for its Dharmavaram branch in Anantpur, Dharmavaram, Andhra Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Karur Vysya Bank located in Anantpur or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code KVBL0001402. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Karur Vysya Bank, Dharmavaram, Anantpur
Here are the main details that are associated with the IFSC Code KVBL0001402 of Karur Vysya Bank for its branch located in Anantpur, within the district of Dharmavaram in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Karur Vysya Bank |
| IFSC Code | KVBL0001402 |
| Branch | Dharmavaram |
| City | Anantpur |
| District | Dharmavaram |
| State | Andhra Pradesh |
| Address | P.B.No 10 11/427 I Floor,Sale Street Janardhana Complex,Dharmavaram-515671 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Karur Vysya Bank in Anantpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVBL0001402 for the Dharmavaram branch of Karur Vysya Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Karur Vysya Bank located in Dharmavaram, Anantpur, Andhra Pradesh, is provided with a unique IFSC like KVBL0001402 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Karur Vysya Bank branch in Anantpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Anantpur and Dharmavaram.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Karur Vysya Bank in Dharmavaram do not get mixed with another location.
Format of the IFSC Code KVBL0001402
The format of the IFSC Code for banks, including Karur Vysya Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Karur Vysya Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Dharmavaram in Anantpur.
For example, the IFSC Code KVBL0001402 of Karur Vysya Bank for the Dharmavaram branch includes these elements, identifying the bank and the branch location in Anantpur and Andhra Pradesh accurately.
How to Find IFSC Code for Karur Vysya Bank?
If you are trying to find the IFSC Code KVBL0001402 of Karur Vysya Bank for its Dharmavaram branch located in Anantpur, the following methods can help:
Cheque Book
The cheque book issued by Karur Vysya Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Karur Vysya Bank branches in Anantpur and Dharmavaram, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Karur Vysya Bank and navigate to the branch locator section. Search for Dharmavaram or Anantpur to get the exact IFSC Code KVBL0001402.
Mobile Banking App
If you use Karur Vysya Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Karur Vysya Bank and Anantpur, you'll get the correct details.
How to Use IFSC Code KVBL0001402 for Online Transfers?
Once you have the IFSC Code KVBL0001402 for the Dharmavaram branch of Karur Vysya Bank in Anantpur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KVBL0001402. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Karur Vysya Bank IFSC Code KVBL0001402.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Karur Vysya Bank Dharmavaram in Anantpur, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Karur Vysya Bank in Dharmavaram, here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Karur Vysya Bank website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Anantpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is KVBL0001402.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is P.B.No 10 11/427 I Floor,Sale Street Janardhana Complex,Dharmavaram-515671 located in Anantpur, Dharmavaram, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.