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 Mumbai Chembur branch in Greater Mumbai, Mumbai, Maharashtra, 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 Greater Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code KVBL0002112. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Karur Vysya Bank, Mumbai Chembur, Greater Mumbai
Here are the main details that are associated with the IFSC Code KVBL0002112 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 | KVBL0002112 |
| Branch | Mumbai Chembur |
| City | Greater Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | Kashi Niketanno 83, N.G.Acharya Marg, Near Railway Station Chembur (East), Mumbai-400 071 |
These details are essential not only for online banking users but also for businesses and individuals who use Karur Vysya Bank in Greater Mumbai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVBL0002112 for the Mumbai Chembur branch of Karur Vysya Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like KVBL0002112 is given to every bank branch, including Karur Vysya Bank located in Mumbai Chembur, Greater Mumbai, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Karur Vysya Bank branch in Greater Mumbai.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Greater Mumbai and Mumbai.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Karur Vysya Bank in Mumbai Chembur doesn't end up at another location.
Format of the IFSC Code KVBL0002112
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): 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 Chembur in Greater Mumbai.
For example, the IFSC Code KVBL0002112 of Karur Vysya Bank for the Mumbai Chembur 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 KVBL0002112 of Karur Vysya Bank for its Mumbai Chembur branch located in Greater Mumbai, 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 Greater Mumbai and Mumbai, 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 Mumbai Chembur or Greater Mumbai to get the exact IFSC Code KVBL0002112.
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 Greater Mumbai that will provide accurate information.
How to Use IFSC Code KVBL0002112 for Online Transfers?
Once you have the IFSC Code KVBL0002112 for the Mumbai Chembur branch of Karur Vysya Bank in Greater Mumbai, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KVBL0002112. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Karur Vysya Bank IFSC Code KVBL0002112.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Karur Vysya Bank Mumbai Chembur in Greater Mumbai, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Karur Vysya Bank in Mumbai Chembur, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Karur Vysya Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Greater Mumbai manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Mumbai Chembur Greater Mumbai branch is KVBL0002112.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Kashi Niketanno 83, N.G.Acharya Marg, Near Railway Station Chembur (East), Mumbai-400 071.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
