The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Karur Vysya Bank for its Bangalore - Sahakar Nagar branch in Bangalore, Bangalore, Karnataka, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Karur Vysya Bank located in Bangalore or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code KVBL0001358. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Karur Vysya Bank, Bangalore - Sahakar Nagar, Bangalore
The table below shows the main details of the IFSC Code KVBL0001358 for the Karur Vysya Bank branch in Bangalore, which falls under the Bangalore district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Karur Vysya Bank |
| IFSC Code | KVBL0001358 |
| Branch | Bangalore - Sahakar Nagar |
| City | Bangalore |
| District | Bangalore |
| State | Karnataka |
| Address | No 28/1 First Cross, 16Th Main, E Block, Sahakar Nagar, Bangalore - 560092 |
These details helps users in online banking and for businesses and individuals who use Karur Vysya Bank in Bangalore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVBL0001358 for the Bangalore - Sahakar Nagar branch of Karur Vysya Bank plays a vital 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 Bangalore - Sahakar Nagar, Bangalore, Karnataka, is provided with a unique IFSC like KVBL0001358 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Karur Vysya Bank branch in Bangalore.
- 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 Bangalore and Bangalore.
- 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 Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Karur Vysya Bank in Bangalore - Sahakar Nagar do not get mixed with another location.
Format of the IFSC Code KVBL0001358
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): These represent the bank code. In Karur Vysya Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Bangalore - Sahakar Nagar in Bangalore.
For example, the IFSC Code KVBL0001358 of Karur Vysya Bank for the Bangalore - Sahakar Nagar branch has these elements, identifying the bank and the branch location in Bangalore and Karnataka correctly.
How to Find IFSC Code for Karur Vysya Bank?
If you are trying to find the IFSC Code KVBL0001358 of Karur Vysya Bank for its Bangalore - Sahakar Nagar branch located in Bangalore, 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 Bangalore and Bangalore, 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 Bangalore - Sahakar Nagar or Bangalore to get the exact IFSC Code KVBL0001358.
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 Bangalore, you'll get the correct details.
How to Use IFSC Code KVBL0001358 for Online Transfers?
If you have the IFSC Code KVBL0001358 for the Bangalore - Sahakar Nagar branch of Karur Vysya Bank in Bangalore, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KVBL0001358. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Asks for the recipient's account details and Karur Vysya Bank IFSC Code KVBL0001358.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Karur Vysya Bank Bangalore - Sahakar Nagar in Bangalore, it may result in delayed or failed transactions.
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 Bangalore - Sahakar Nagar, 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 Bangalore manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is KVBL0001358.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is No 28/1 First Cross, 16Th Main, E Block, Sahakar Nagar, Bangalore - 560092 located in Bangalore, Bangalore, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.