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 Coimbatore - Sivananda Colony branch in Coimbatore, Coimbatore, Tamil Nadu, 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 Coimbatore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code KVBL0001674. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Karur Vysya Bank, Coimbatore - Sivananda Colony, Coimbatore

The table below shows the main details of the IFSC Code KVBL0001674 for the Karur Vysya Bank branch in Coimbatore, which falls under the Coimbatore district in Tamil Nadu.

Particulars Details
Bank Karur Vysya Bank
IFSC Code KVBL0001674
Branch Coimbatore - Sivananda Colony
City Coimbatore
District Coimbatore
State Tamil Nadu
Address 164,Raju Naidu Street Sivananda Colony Coimbatore

These details help users in online banking and for businesses and individuals who use Karur Vysya Bank in Coimbatore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVBL0001674 for the Coimbatore - Sivananda Colony branch of Karur Vysya Bank has a very 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, along with Karur Vysya Bank located in Coimbatore - Sivananda Colony, Coimbatore, Tamil Nadu, are given a unique IFSC like KVBL0001674 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Coimbatore.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Coimbatore and Coimbatore.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Karur Vysya Bank in Coimbatore - Sivananda Colony goes to the correct branch. This is important because Karur Vysya Bank has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code KVBL0001674

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 Coimbatore - Sivananda Colony in Coimbatore.

For example, the IFSC Code KVBL0001674 of Karur Vysya Bank for the Coimbatore - Sivananda Colony branch has these elements, identifying the bank and the branch location in Coimbatore and Tamil Nadu correctly.

How to Find IFSC Code for Karur Vysya Bank?

If you are trying to find the IFSC Code KVBL0001674 of Karur Vysya Bank for its Coimbatore - Sivananda Colony branch located in Coimbatore, 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 Coimbatore and Coimbatore, 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 Coimbatore - Sivananda Colony or Coimbatore to get the exact IFSC Code KVBL0001674.

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 Coimbatore, you'll get the correct details.

How to Use IFSC Code KVBL0001674 for Online Transfers?

Once you have the IFSC Code KVBL0001674 for the Coimbatore - Sivananda Colony branch of Karur Vysya Bank in Coimbatore, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code KVBL0001674. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Karur Vysya Bank IFSC Code KVBL0001674.

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 Coimbatore - Sivananda Colony in Coimbatore, 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 Coimbatore - Sivananda Colony, 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 Coimbatore manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Karur Vysya Bank Coimbatore - Sivananda Colony Coimbatore?

The IFSC Code of the Coimbatore - Sivananda Colony Coimbatore branch is KVBL0001674.

Is IFSC Code KVBL0001674 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Karur Vysya Bank Coimbatore - Sivananda Colony branch?

The branch is located at 164,Raju Naidu Street Sivananda Colony Coimbatore.

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.

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