There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Karur Vysya Bank for its Kannur branch in Cannur, Cannur, Kerala, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Karur Vysya Bank situated in Cannur or anywhere in Kerala can easily transfer funds instantly by using the correct IFSC Code KVBL0001514. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Karur Vysya Bank, Kannur, Cannur

The table below shows the main details of the IFSC Code KVBL0001514 for the Karur Vysya Bank branch in Cannur, which falls under the Cannur district in Kerala.

Particulars Details
Bank Karur Vysya Bank
IFSC Code KVBL0001514
Branch Kannur
City Cannur
District Cannur
State Kerala
Address P.K.Commercial Complex Old Subway Road Munishwaran Temple Roadkannur

These details are crucial, not just for online banking users but also for businesses and individuals who use Karur Vysya Bank in Cannur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVBL0001514 for the Kannur 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 Kannur, Cannur, Kerala, is provided with a unique IFSC like KVBL0001514 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Karur Vysya Bank branch in Cannur.
  • 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 Cannur and Cannur.
  • 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 Kerala and the rest of India and the IFSC Code ensures that transactions meant for Karur Vysya Bank in Kannur do not get mixed with another location.

Format of the IFSC Code KVBL0001514

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 Kannur in Cannur.

For example, the IFSC Code KVBL0001514 of Karur Vysya Bank for the Kannur branch has these elements, identifying the bank and the branch location in Cannur and Kerala correctly.

How to Find IFSC Code for Karur Vysya Bank?

If you are trying to find the IFSC Code KVBL0001514 of Karur Vysya Bank for its Kannur branch located in Cannur, the following methods can help:

Cheque Book

The cheque books that are issued by Karur Vysya Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Karur Vysya Bank branches in Cannur and Cannur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Karur Vysya Bank and find the branch locator section. Search for Kannur or Cannur to get the exact IFSC Code KVBL0001514.

Mobile Banking App

If you use Karur Vysya Bank's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Karur Vysya Bank and Cannur that will provide accurate information.

How to Use IFSC Code KVBL0001514 for Online Transfers?

If you have the IFSC Code KVBL0001514 for the Kannur branch of Karur Vysya Bank in Cannur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code KVBL0001514. 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 KVBL0001514.

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 Kannur in Cannur, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Karur Vysya Bank in Kannur, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Cannur manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Karur Vysya Bank in Kannur, Cannur?

The IFSC Code is KVBL0001514.

Is the IFSC Code KVBL0001514 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Karur Vysya Bank Kannur?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Kannur branch?

The address of the branch is P.K.Commercial Complex Old Subway Road Munishwaran Temple Roadkannur located in Cannur, Cannur, Kerala.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.