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 Mumbai Prabhadevi branch in Greater Mumbai, Mumbai, Maharashtra, 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 Greater Mumbai or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code KVBL0002105. 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, Mumbai Prabhadevi, Greater Mumbai
The table below shows the main details of the IFSC Code KVBL0002105 for the Karur Vysya Bank branch in Greater Mumbai, which falls under the Mumbai district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Karur Vysya Bank |
| IFSC Code | KVBL0002105 |
| Branch | Mumbai Prabhadevi |
| City | Greater Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | Gayathri Towers,954 Appa Saheb Marathe Marg Prabhadevi,Mumbai-400025 |
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 KVBL0002105 for the Mumbai Prabhadevi 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Karur Vysya Bank located in Mumbai Prabhadevi, Greater Mumbai, Maharashtra, is provided a unique IFSC like KVBL0002105 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 Prabhadevi do not get misguided to another person.
Format of the IFSC Code KVBL0002105
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 Prabhadevi in Greater Mumbai.
For example, the IFSC Code KVBL0002105 of Karur Vysya Bank for the Mumbai Prabhadevi branch includes these elements, identifying the bank and the branch location in Greater Mumbai and Maharashtra correctly.
How to Find IFSC Code for Karur Vysya Bank?
To find the IFSC Code KVBL0002105 of Karur Vysya Bank for its Mumbai Prabhadevi branch located in Greater Mumbai, the following methods can help you out:
Cheque Book
The cheque book issued by Karur Vysya Bank includes the IFSC Code printed on each cheque leaf. 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 go to the branch locator section. Then search for Mumbai Prabhadevi or Greater Mumbai to find the exact IFSC Code KVBL0002105.
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 maintains an updated database of all IFSC codes. Searching for Karur Vysya Bank and Greater Mumbai will provide accurate information.
How to Use IFSC Code KVBL0002105 for Online Transfers?
Once you have the IFSC Code KVBL0002105 for the Mumbai Prabhadevi 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 KVBL0002105. 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 KVBL0002105.
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 Prabhadevi in Greater Mumbai, it can 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 Mumbai Prabhadevi, 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)
The IFSC Code of the Mumbai Prabhadevi Greater Mumbai branch is KVBL0002105.
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 Gayathri Towers,954 Appa Saheb Marathe Marg Prabhadevi,Mumbai-400025.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.