Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Karur Vysya Bank for its Mumbai - Matunga branch in Greater Bombay, Mumbai, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Karur Vysya Bank located in Greater Bombay or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code KVBL0002126. You should definitely 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, Mumbai - Matunga, Greater Bombay
The table below shows the main details of the IFSC Code KVBL0002126 for the Karur Vysya Bank branch in Greater Bombay, which falls under the Mumbai district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Karur Vysya Bank |
| IFSC Code | KVBL0002126 |
| Branch | Mumbai - Matunga |
| City | Greater Bombay |
| District | Mumbai |
| State | Maharashtra |
| Address | Tej-Gaurav House Plot No 109 Telang Road Matunga Mumbai Maharashtra |
These details are important not only for users using online banking but also for businesses and individuals who use Karur Vysya Bank in Greater Bombay for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code KVBL0002126 for the Mumbai - Matunga branch of Karur Vysya Bank is vital.
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 Mumbai - Matunga, Greater Bombay, Maharashtra, is provided with a unique IFSC like KVBL0002126 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Karur Vysya Bank branch in Greater Bombay.
- 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 Greater Bombay and Mumbai.
- 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Karur Vysya Bank in Mumbai - Matunga do not get mixed with another location.
Format of the IFSC Code KVBL0002126
The format of the IFSC Code for banks, including Karur Vysya Bank, has 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 Mumbai - Matunga in Greater Bombay.
For example, the IFSC Code KVBL0002126 of Karur Vysya Bank for the Mumbai - Matunga branch includes these elements, identifying the bank and the branch location in Greater Bombay and Maharashtra correctly.
How to Find IFSC Code for Karur Vysya Bank?
If you are trying to find the IFSC Code KVBL0002126 of Karur Vysya Bank for its Mumbai - Matunga branch located in Greater Bombay, 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 Greater Bombay and Mumbai, 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 Mumbai - Matunga or Greater Bombay to get the exact IFSC Code KVBL0002126.
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 Greater Bombay, you'll get the correct details.
How to Use IFSC Code KVBL0002126 for Online Transfers?
Once you have the IFSC Code KVBL0002126 for the Mumbai - Matunga branch of Karur Vysya Bank in Greater Bombay, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KVBL0002126. Transfers are processed in batches. This is 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. Requires the recipient's account details and Karur Vysya Bank IFSC Code KVBL0002126.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Karur Vysya Bank Mumbai - Matunga in Greater Bombay 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 Mumbai - Matunga, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Greater Bombay to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is KVBL0002126.
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 Tej-Gaurav House Plot No 109 Telang Road Matunga Mumbai Maharashtra located in Greater Bombay, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.