Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Karur Vysya Bank for its Madurai Anna Nagar branch in Madurai, Madurai, or Tamil Nadu, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Karur Vysya Bank located in Madurai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code KVBL0001608. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Karur Vysya Bank, Madurai Anna Nagar, Madurai
The table below shows the main details of the IFSC Code KVBL0001608 for the Karur Vysya Bank branch in Madurai, which falls under the Madurai district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Karur Vysya Bank |
| IFSC Code | KVBL0001608 |
| Branch | Madurai Anna Nagar |
| City | Madurai |
| District | Madurai |
| State | Tamil Nadu |
| Address | Hig 42 (Eighty Feet Road), Near Suguna Stores, Annanagar, Madurai-625 020 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Karur Vysya Bank in Madurai for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KVBL0001608 for the Madurai Anna Nagar branch of Karur Vysya Bank has 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 KVBL0001608 is given to every bank branch, including Karur Vysya Bank located in Madurai Anna Nagar, 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 Madurai.
- 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 Madurai Anna Nagar doesn't end up at another location.
Format of the IFSC Code KVBL0001608
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): These represent the bank code. In Karur Vysya Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Madurai Anna Nagar in Madurai.
For example, the IFSC Code KVBL0001608 of Karur Vysya Bank for the Madurai Anna Nagar branch has these elements, identifying the bank and the branch location in Madurai and Tamil Nadu correctly.
How to Find IFSC Code for Karur Vysya Bank?
If you are trying to find the IFSC Code KVBL0001608 of Karur Vysya Bank for its Madurai Anna Nagar branch located in Madurai, the following methods can help:
Cheque Book
The cheque books that are issued by Karur Vysya Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Karur Vysya Bank branches in Madurai and Madurai, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Karur Vysya Bank and find the branch locator section. Search for Madurai Anna Nagar or Madurai to get the exact IFSC Code KVBL0001608.
Mobile Banking App
If you use Karur Vysya Bank's mobile app, you can easily 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 to help you in searching for Karur Vysya Bank and Madurai that will provide accurate information.
How to Use IFSC Code KVBL0001608 for Online Transfers?
Once you have the IFSC Code KVBL0001608 for the Madurai Anna Nagar branch of Karur Vysya Bank in Madurai, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KVBL0001608. 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 KVBL0001608.
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 Madurai Anna Nagar in Madurai, 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 Madurai Anna Nagar, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Madurai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is KVBL0001608.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Hig 42 (Eighty Feet Road), Near Suguna Stores, Annanagar, Madurai-625 020 located in Madurai, Madurai, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.