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 Alanganallur branch in Madurai, Alanganallur, Tamil Nadu, 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 Madurai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code KVBL0001105. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Karur Vysya Bank, Alanganallur, Madurai

Here are the main details that are associated with the IFSC Code KVBL0001105 of Karur Vysya Bank for its branch located in Madurai, within the district of Alanganallur in the state of Tamil Nadu.

Particulars Details
Bank Karur Vysya Bank
IFSC Code KVBL0001105
Branch Alanganallur
City Madurai
District Alanganallur
State Tamil Nadu
Address 5-1/87 Main Road,,Alanganallur-625501

These details help users in online banking and for businesses and individuals who use Karur Vysya Bank in Madurai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVBL0001105 for the Alanganallur 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 that is provided by the Reserve Bank of India. A unique IFSC like KVBL0001105 is given to every bank branch, including Karur Vysya Bank located in Alanganallur, Madurai, Tamil Nadu, 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 Madurai.
  • 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 Madurai and Alanganallur.
  • 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 Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Karur Vysya Bank in Alanganallur doesn't end up at another location.

Format of the IFSC Code KVBL0001105

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 Alanganallur in Madurai.

For example, the IFSC Code KVBL0001105 of Karur Vysya Bank for the Alanganallur branch includes these elements, identifying the bank and the branch location in Madurai and Tamil Nadu correctly.

How to Find IFSC Code for Karur Vysya Bank?

To find the IFSC Code KVBL0001105 of Karur Vysya Bank for its Alanganallur branch located in Madurai, 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 Madurai and Alanganallur, 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 Alanganallur or Madurai to find the exact IFSC Code KVBL0001105.

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 Madurai will provide accurate information.

How to Use IFSC Code KVBL0001105 for Online Transfers?

Once you have the IFSC Code KVBL0001105 for the Alanganallur branch of Karur Vysya Bank in Madurai, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code KVBL0001105. 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 KVBL0001105.

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 Alanganallur in Madurai, it can 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 Alanganallur, 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 Madurai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

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

The IFSC Code is KVBL0001105.

Is the IFSC Code KVBL0001105 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

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

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

What is the full address of the Alanganallur branch?

The address of the branch is 5-1/87 Main Road,,Alanganallur-625501 located in Madurai, Alanganallur, Tamil Nadu.

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.