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 Cco 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 KVBL0001274. 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 Cco, Madurai
Here are the main details that are associated with the IFSC Code KVBL0001274 of Karur Vysya Bank for its branch located in Madurai, within the district of Madurai in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Karur Vysya Bank |
| IFSC Code | KVBL0001274 |
| Branch | Madurai Cco |
| City | Madurai |
| District | Madurai |
| State | Tamil Nadu |
| Address | The Karur Vysya Bank Ltd, Madurai Gnanaolivupuram,"16 A.A. Road ├Éγç£Gayathri Illam",Gnanaolivupuram,Madurai-625016 |
These details are important not only for users using online banking but also for businesses and individuals who use Karur Vysya Bank in Madurai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code KVBL0001274 for the Madurai Cco branch of Karur Vysya Bank is vital.
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, including Karur Vysya Bank located in Madurai Cco, Madurai, Tamil Nadu, is provided with a unique IFSC like KVBL0001274 to ensure that online payments reach the right destination.
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 errors or confusions between multiple branches of the same bank across different places like Madurai and Madurai.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Karur Vysya Bank in Madurai Cco do not get mixed with another location.
Format of the IFSC Code KVBL0001274
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 Madurai Cco in Madurai.
For example, the IFSC Code KVBL0001274 of Karur Vysya Bank for the Madurai Cco branch includes these elements, identifying the bank and the branch location in Madurai and Tamil Nadu accurately.
How to Find IFSC Code for Karur Vysya Bank?
If you are trying to find the IFSC Code KVBL0001274 of Karur Vysya Bank for its Madurai Cco branch located in Madurai, 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 Madurai and Madurai, 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 Madurai Cco or Madurai to get the exact IFSC Code KVBL0001274.
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 Madurai, you'll get the correct details.
How to Use IFSC Code KVBL0001274 for Online Transfers?
Once you have the IFSC Code KVBL0001274 for the Madurai Cco branch of Karur Vysya Bank in Madurai, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KVBL0001274. 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 KVBL0001274.
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 Madurai Cco in Madurai 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 Madurai Cco, 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 KVBL0001274.
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 The Karur Vysya Bank Ltd, Madurai Gnanaolivupuram,"16 A.A. Road ├Éγç£Gayathri Illam",Gnanaolivupuram,Madurai-625016 located in Madurai, Madurai, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.