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 Jabalpur branch in Jabalpur, Jabalpur, Madhya Pradesh, 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 Jabalpur or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code KVBL0002304. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Karur Vysya Bank, Jabalpur, Jabalpur
Below in the table are the key details related to IFSC Code KVBL0002304 of Karur Vysya Bank for its branch located in Jabalpur, within the district of Jabalpur in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Karur Vysya Bank |
| IFSC Code | KVBL0002304 |
| Branch | Jabalpur |
| City | Jabalpur |
| District | Jabalpur |
| State | Madhya Pradesh |
| Address | Plot No 399/1-2-3 And 400/1-2 Old Yogi Hotel,Marthal Napier Town Naudra Bridge To Jyanti Talkies Rd Jabalpur Madhya Pradesh 482001 |
These details help users in online banking and for businesses and individuals who use Karur Vysya Bank in Jabalpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVBL0002304 for the Jabalpur branch of Karur Vysya Bank has a very important role.
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, along with Karur Vysya Bank located in Jabalpur, Jabalpur, Madhya Pradesh, are allotted a unique IFSC like KVBL0002304 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jabalpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Jabalpur and Jabalpur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Karur Vysya Bank in Jabalpur reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code KVBL0002304
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 Jabalpur in Jabalpur.
For example, the IFSC Code KVBL0002304 of Karur Vysya Bank for the Jabalpur branch includes these elements, identifying the bank and the branch location in Jabalpur and Madhya Pradesh correctly.
How to Find IFSC Code for Karur Vysya Bank?
If you are trying to find the IFSC Code KVBL0002304 of Karur Vysya Bank for its Jabalpur branch located in Jabalpur, 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 Jabalpur and Jabalpur, 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 Jabalpur or Jabalpur to get the exact IFSC Code KVBL0002304.
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 Jabalpur, you'll get the correct details.
How to Use IFSC Code KVBL0002304 for Online Transfers?
Once you have the IFSC Code KVBL0002304 for the Jabalpur branch of Karur Vysya Bank in Jabalpur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KVBL0002304. 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 KVBL0002304.
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 Jabalpur in Jabalpur 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 Jabalpur, 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 Jabalpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is KVBL0002304.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Plot No 399/1-2-3 And 400/1-2 Old Yogi Hotel,Marthal Napier Town Naudra Bridge To Jyanti Talkies Rd Jabalpur Madhya Pradesh 482001 located in Jabalpur, Jabalpur, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.