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 Kozhikode branch in Kozhikode, Calicut, Kerala, 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 Kozhikode or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code KVBL0001501. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Karur Vysya Bank, Kozhikode, Kozhikode

Here are the key points that are associated with the IFSC Code KVBL0001501 of Karur Vysya Bank for its branch located in Kozhikode, within the district of Calicut in the state of Kerala.

Particulars Details
Bank Karur Vysya Bank
IFSC Code KVBL0001501
Branch Kozhikode
City Kozhikode
District Calicut
State Kerala
Address P.B. No. 33 11/128 Promod Buildings,Ground. Floor Cherooty Road,Kozhikode-6730

These details help users in online banking and for businesses and individuals who use Karur Vysya Bank in Kozhikode for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVBL0001501 for the Kozhikode 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 Kozhikode, Kozhikode, Kerala, are allotted a unique IFSC like KVBL0001501 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Kozhikode.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Kozhikode and Calicut.
  • 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 Kozhikode reaches the right place, even though there are thousands of branches in Kerala and across India.

Format of the IFSC Code KVBL0001501

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 Kozhikode in Kozhikode.

For example, the IFSC Code KVBL0001501 of Karur Vysya Bank for the Kozhikode branch includes these elements, identifying the bank and the branch location in Kozhikode and Kerala accurately.

How to Find IFSC Code for Karur Vysya Bank?

If you are looking for the IFSC Code KVBL0001501 of Karur Vysya Bank for its Kozhikode branch located in Kozhikode, the following methods can help:

Cheque Book

The cheque book that is issued by Karur Vysya Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Karur Vysya Bank branches in Kozhikode and Calicut, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Karur Vysya Bank and look for the branch locator section, then search for Kozhikode or Kozhikode to get the exact IFSC Code KVBL0001501.

Mobile Banking App

If you use Karur Vysya Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Karur Vysya Bank and Kozhikode, then it will provide you proper information.

How to Use IFSC Code KVBL0001501 for Online Transfers?

If you have the IFSC Code KVBL0001501 for the Kozhikode branch of Karur Vysya Bank in Kozhikode, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code KVBL0001501. Transfers are processed in batches. 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. Asks for the recipient's account details and Karur Vysya Bank IFSC Code KVBL0001501.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Karur Vysya Bank Kozhikode in Kozhikode, it may 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 Kozhikode, 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 Kozhikode manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Karur Vysya Bank in Kozhikode, Kozhikode?

The IFSC Code is KVBL0001501.

Is the IFSC Code KVBL0001501 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Karur Vysya Bank Kozhikode?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Kozhikode branch?

The address of the branch is P.B. No. 33 11/128 Promod Buildings,Ground. Floor Cherooty Road,Kozhikode-6730 located in Kozhikode, Calicut, Kerala.

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.