For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Karur Vysya Bank for its Guntur branch in Guntur, Guntur, Andhra Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Karur Vysya Bank located in Guntur or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code KVBL0001403. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Karur Vysya Bank, Guntur, Guntur
Below in the table are the key details related to IFSC Code KVBL0001403 of Karur Vysya Bank for its branch located in Guntur, within the district of Guntur in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Karur Vysya Bank |
| IFSC Code | KVBL0001403 |
| Branch | Guntur |
| City | Guntur |
| District | Guntur |
| State | Andhra Pradesh |
| Address | P.B.No 135 24-4-39 Eluru Bazaar,,Guntur-522003 |
These details are essential not only for online banking users but also for businesses and individuals who use Karur Vysya Bank in Guntur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVBL0001403 for the Guntur 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 KVBL0001403 is given to every bank branch, including Karur Vysya Bank located in Guntur, Guntur, Andhra Pradesh, 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 Guntur.
- 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 Guntur and Guntur.
- 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 Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Karur Vysya Bank in Guntur doesn't end up at another location.
Format of the IFSC Code KVBL0001403
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 Guntur in Guntur.
For example, the IFSC Code KVBL0001403 of Karur Vysya Bank for the Guntur branch includes these elements, identifying the bank and the branch location in Guntur and Andhra Pradesh accurately.
How to Find IFSC Code for Karur Vysya Bank?
If you are trying to find the IFSC Code KVBL0001403 of Karur Vysya Bank for its Guntur branch located in Guntur, 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
You can easily find the IFSC and MICR codes because most banks, including Karur Vysya Bank branches in Guntur and Guntur, print them 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 Guntur or Guntur to get the exact IFSC Code KVBL0001403.
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 Guntur, you'll get the correct details.
How to Use IFSC Code KVBL0001403 for Online Transfers?
Once you have the IFSC Code KVBL0001403 for the Guntur branch of Karur Vysya Bank in Guntur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KVBL0001403. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 KVBL0001403.
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 Guntur in Guntur, 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 Guntur, 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 Guntur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is KVBL0001403.
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 P.B.No 135 24-4-39 Eluru Bazaar,,Guntur-522003 located in Guntur, Guntur, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.