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 Neo-Vijayawada branch in Krishna, Krishna, Andhra 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 Krishna or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code KVBL0004916. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Karur Vysya Bank, Neo-Vijayawada, Krishna
Below in the table are the key details related to IFSC Code KVBL0004916 of Karur Vysya Bank for its branch located in Krishna, within the district of Krishna in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Karur Vysya Bank |
| IFSC Code | KVBL0004916 |
| Branch | Neo-Vijayawada |
| City | Krishna |
| District | Krishna |
| State | Andhra Pradesh |
| Address | D.No.40-9/12-10,1St Floor,Near A Plus Convention,Benz Circle,Municipal Employees Colony |
These details are essential not only for online banking users but also for businesses and individuals who use Karur Vysya Bank in Krishna for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVBL0004916 for the Neo-Vijayawada 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 KVBL0004916 is given to every bank branch, including Karur Vysya Bank located in Neo-Vijayawada, Krishna, 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 Krishna.
- 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 Krishna and Krishna.
- 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 Neo-Vijayawada doesn't end up at another location.
Format of the IFSC Code KVBL0004916
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 Neo-Vijayawada in Krishna.
For example, the IFSC Code KVBL0004916 of Karur Vysya Bank for the Neo-Vijayawada branch includes these elements, identifying the bank and the branch location in Krishna and Andhra Pradesh accurately.
How to Find IFSC Code for Karur Vysya Bank?
To find the IFSC Code KVBL0004916 of Karur Vysya Bank for its Neo-Vijayawada branch located in Krishna, 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 Krishna and Krishna, 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 Neo-Vijayawada or Krishna to find the exact IFSC Code KVBL0004916.
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 Krishna will provide accurate information.
How to Use IFSC Code KVBL0004916 for Online Transfers?
Once you have the IFSC Code KVBL0004916 for the Neo-Vijayawada branch of Karur Vysya Bank in Krishna, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KVBL0004916. 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 KVBL0004916.
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 Neo-Vijayawada in Krishna may 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 Neo-Vijayawada, 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 Krishna manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is KVBL0004916.
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 D.No.40-9/12-10,1St Floor,Near A Plus Convention,Benz Circle,Municipal Employees Colony located in Krishna, Krishna, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.