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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Karur Vysya Bank for its Mumbai Borivali branch in Greater Mumbai, Mumbai, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Karur Vysya Bank located in Greater Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code KVBL0002106. 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 Borivali, Greater Mumbai

Here are the main details that are associated with the IFSC Code KVBL0002106 of Karur Vysya Bank for its branch located in Greater Mumbai, within the district of Mumbai in the state of Maharashtra.

Particulars Details
Bank Karur Vysya Bank
IFSC Code KVBL0002106
Branch Mumbai Borivali
City Greater Mumbai
District Mumbai
State Maharashtra
Address Sunrise View Shop No.4 To 7 Eksar Village,Near Vaziara Naka Bus-Stop Borivali

These details are important not only for users using online banking but also for businesses and individuals who use Karur Vysya Bank in Greater Mumbai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code KVBL0002106 for the Mumbai Borivali branch of Karur Vysya Bank is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Karur Vysya Bank located in Mumbai Borivali, Greater Mumbai, Maharashtra, is provided a unique IFSC like KVBL0002106 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Karur Vysya Bank branch in Greater Mumbai.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Greater Mumbai and Mumbai.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Karur Vysya Bank in Mumbai Borivali do not get misguided to another person.

Format of the IFSC Code KVBL0002106

This is the format of the IFSC Code for banks, including Karur Vysya Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Karur Vysya Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Mumbai Borivali in Greater Mumbai.

For example, the IFSC Code KVBL0002106 of Karur Vysya Bank for the Mumbai Borivali branch includes these elements, identifying the bank and the branch location in Greater Mumbai and Maharashtra accurately.

How to Find IFSC Code for Karur Vysya Bank?

If you are trying to find the IFSC Code KVBL0002106 of Karur Vysya Bank for its Mumbai Borivali branch located in Greater Mumbai, 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 Mumbai 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 Borivali or Greater Mumbai to get the exact IFSC Code KVBL0002106.

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 Mumbai, you'll get the correct details.

How to Use IFSC Code KVBL0002106 for Online Transfers?

Once you have the IFSC Code KVBL0002106 for the Mumbai Borivali branch of Karur Vysya Bank in Greater Mumbai, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code KVBL0002106. 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 KVBL0002106.

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 Mumbai Borivali in Greater Mumbai, your payment can get delayed or might not go through at all.

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 Mumbai Borivali, 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 Greater Mumbai manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Karur Vysya Bank Mumbai Borivali Greater Mumbai?

The IFSC Code of the Mumbai Borivali Greater Mumbai branch is KVBL0002106.

Is IFSC Code KVBL0002106 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 Mumbai Borivali branch?

The branch is located at Sunrise View Shop No.4 To 7 Eksar Village,Near Vaziara Naka Bus-Stop Borivali.

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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